HomeAbout

TL;DR CNBC


Delta lays off some corporate workers to cut costs - TL;DR CNBC

Delta lays off some corporate workers to cut costs

Publishing timestamp: 2023-11-01 21:06:42


Summary

Delta Air Lines is cutting some corporate jobs in an effort to reduce costs amid higher expenses in the industry. The layoffs do not affect frontline workers like pilots or flight attendants. The company reported strong travel demand but warned of higher costs impacting its bottom line.


Sentiment: NEUTRAL

Tickers: LUVDAL

Keywords: delta air lines incaerospace and defense industrybreaking news: marketsbusinesssouthwest airlines colifetravelbusiness newstransportationairlinesbreaking news: businessmarkets

Source: https://www.cnbc.com/2023/11/01/delta-lays-off-some-corporate-workers-to-cut-costs.html


Developed by Leo Phan