Originally Posted by
Airsupport
But for those interested here is the latest and greatest.
Pinnacle freezing executive pay, planning layoffs : Business News : Memphis Commercial Appeal
Couple of notes.
1st Pay freeze for management. Pilots have been on a pay freeze for the last 5 years
2nd Layoffs. 50 people system wide. i was told by some management people that this does not include pilots and even with all the reductions we are still short on the fo' side according to the guy i talked to.
3rd i dont see anymore displacments coming. especially since like the article stated we are almost at a 50/50 split between captains and fo's after the displacement. you always need a few more captains than fo's due to several reasons including vacation, better schedules, etc etc.
Thanks Airsupport for your thoughts. Things are definitely on the downhill side.. and i guess they can only get worse from here.. before any chances of things getting better. Dont see that happening in the near future. I really hope everyone is able to keep their jobs and stick it out in these difficult times, its so tragic to see so many people out on the streets looking to start their lives all over again. 2009 will be another testing year for everyone.. I guess its another year where most people should be prepared for a rough ride, although i sincerely hope the displacements dont take effect in March and the 50 layoffs mentioned, somehow dont happen. Best of Luck to all out there!