Republic Airways to cut 10 percent of work force, or 500 jobs, as industry conditions worsen
INDIANAPOLIS (AP) -- Regional air carrier Republic Airways Holdings Inc. on Friday said it will reduce its work force by 10 percent, or about 500 employees, over the next several months. "The combined impacts of fewer aircraft flying and lower utilization rates on our smaller jet aircraft are leaving us with no choice but to adjust our business to current market conditions," Chairman and Chief Executive Bryan Bedford said in a statement.
Funny, no mention of how many jobs lost in Bedfords letter, figures....
I can see them firing out of seniority for peeps still on probation