American Airlines to cut 13,000 jobs

Note: This section contains information in English only.
Source: BBC
American Airlines announced it would cut 15% of its payroll, or 13,000 jobs.  The AMR plans to reduce staffing costs by 20% to cut spending by USD 2 billion and increase revenue by USD 1 billion per year. The company that filed to protection against bankruptcy is ready to provide all due payments to its staff. The company is going to embark on negotiations with labor unions within the next three months.

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