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US Airways CEO hints at another merger

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Old 07-09-2006 | 05:22 PM
  #11  
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and then, it will be nice to know that you didnt get that job with the only airline in the business
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Old 07-10-2006 | 06:09 AM
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Originally Posted by CVG767A
It'll happen if the suits and the money people can make a buck. They don't care about the practical aspects of the deal unless it affects their take.
Very true CVG (my hometown by the way) Mergers are almost never good for the employees. They happen quite a bit here in Silicon Valley. I have a friend who works for Peoplesoft, and when Larry Ellison (Oracle) came in and took over the company, it caused tremendous stress, as well as the inevitable layoffs.

I also have a couple of clients that were pilots for TWA and Reno Air, and of course now they work for American - they have absolutely nothing good to say about that! Not to mention, in spite of all of their experience, were forced from left seat to right.
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Old 07-10-2006 | 04:07 PM
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True- it's happening in all industries. Whenever one of these suits appears on CNBC talking about "synergies" or "efficiencies", I can only think of jobs lost and lives upended. In the end, it rarely makes for a better company or increased shareholder value; it just makes the managers and financiers money.
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