GARTON ANNOUNCES ORGANIZATIONAL CHANGES IN SPECIAL EAGLEWIRE
In a Special Eaglewire issued earlier today, American Eagle President and CEO Dan Garton announced that Eagle has begun implementing a management restructuring, which will reduce management headcount by 10 percent over the next several months. This includes a 15 percent reduction among officer positions. “These changes will increase efficiency and accountability throughout our management team and position us to more successfully manage our business as we emerge from the restructuring process in the months to come,” said Garton. The majority of these changes will occur immediately, while some changes will occur at a later time. Cost savings targets were set for each workgroup, including management and support staff, which together have a target of $7 million in savings. Read the complete Special Eaglewire on Jetnet.



Another 100?

Another 100 what?

Pilot furloughs ? 15% from 1500 FO is like a 100 plus

I didn't read 15% from the pilot group. That was 15% from mgmt.

Mgmt officers that is.

That's not what my interpretations is, with that in mind I am not saying that another wave of furloughs is out of reach! The union has said management sees manning for the summer months to be adequate and will readdress the matter late summer early fall. The furlough notice for the 50 and 100 captain downgrades was published the same day our contract term sheet was issued, so much can be said about such timing. But again we are on a slippery slope and things can go down hill relatively quickly.

So we have grammar police out the wazoo, but no math police?

15% of 1500 is a little more than 100..unless its sarcasm..then jokes on me :)

PS--I also highly doubt they meant FOs

Can you read? Officer positions means management.

The latest teleconference said no more displacements until the fall. However if I were in the bottom 300 I would be looking to make a jump since we all know what is going to happen.

What are the cliff-notes from that teleconference? I missed it...