Created Sat 6th Dec 2008 11:52am PST by 
growthy
growthy 
Will UAL Corp (UAUA) merge or be acquired by another company before December 31, 2009?
Background: UAL to cut 1,200 jobs as part of earlier plan
CHICAGO (Reuters) - UAL Corp (UAUA.O: Quote, Profile, Research, Stock Buzz), parent of United Airlines, on Wednesday said it would lay off almost 1,200 workers as part of a previously announced plan to trim staff by 7,000 jobs.
The layoffs are planned for early next year, a UAL spokeswoman said. Similar notices would continue into 2009, she said.
The company had 55,000 workers when the cuts were first announced.
The airline industry, battered severely this year first by soaring fuel costs and later by sagging travel demand, has been rapidly downsizing to regain stability.
http://www.reuters.com/article/ousiv/idUSTRE4B27R620081203
CHICAGO (Reuters) - UAL Corp (UAUA.O: Quote, Profile, Research, Stock Buzz), parent of United Airlines, on Wednesday said it would lay off almost 1,200 workers as part of a previously announced plan to trim staff by 7,000 jobs.
The layoffs are planned for early next year, a UAL spokeswoman said. Similar notices would continue into 2009, she said.
The company had 55,000 workers when the cuts were first announced.
The airline industry, battered severely this year first by soaring fuel costs and later by sagging travel demand, has been rapidly downsizing to regain stability.
http://www.reuters.com/article/ousiv/idUSTRE4B27R620081203
Settlement details:As reported by a major mainstream news source.
Forecast history %
| Yes |
| ||||
| No |
| ||||
| Other (bailout, bankrupt) |
|
Question suspends in 5 weeks
- Activity: H$23,214 |
- Predictions: 38 |
Comments: 0
Get widget!Predictions (38)
frogchop
predicted No (H$2,200 at 68%)
bout3fitty
predicted No (H$1,000 at 42%)
glassbrass440
predicted No (H$20 at 68%)
predicted No (H$50 at 67%)Comments (0)
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