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Delta is laying off some corporate employees in order to cut cost

Delta is laying off some corporate employees in order to cut cost

Delta Air Lines announced the elimination of certain corporate positions in order to improve cost management. The move is intended to address the various issues raised by rising fuel and labour costs in the aviation industry.

Delta previously announced that it would suspend flights between Tel Aviv and New York until November 21, 2023, owing to escalating Middle East tensions.

Delta did not specify the exact number of job cuts, but according to a spokesperson, these are relatively minor changes in corporate and management roles. Furthermore, the spokesperson stated that the cuts will not affect front-line employees such as pilots, flight attendants, and mechanics.

The airline revealed in a media statement that it is not yet operating at full capacity, but that it is a good time to change its plans, budgets, and organisational structure to achieve its goals. This strategy also includes job cuts.

Delta, headquartered in Atlanta, currently employs approximately 100,000 people. It represents a significant increase from the end of 2021, when it had approximately 83,000 employees.

During the pandemic, when travel demand was significantly lower, the airline persuaded many of its employees to accept buyout offers.

Due to increased fuel costs, the company revised its projected annual profit in October. Delta is expected to incur an additional $400 million in costs as fuel prices rise in the second half of the year.

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