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United Announces New Round of Layoffs, Works to Get Federal Loan Guarantee.

Chicago Tribune (Chicago, IL)

| October 22, 2002 | COPYRIGHT 2002 Chicago Tribune. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: John Schmeltzer

Oct. 22--Financially troubled United Airlines announced a new round of layoffs Monday as it continued putting the final touches on a business plan it hopes will lead to a $1.8 billion federal loan guarantee.

The world's second largest airline is laying off 1,250 workers by closing three reservation offices, shuttering a maintenance line and changing service to five cities. All the workers are members of the International Association of Machinists and Aerospace Workers, which until this past weekend had insisted that a plan to rescue the Elk Grove Township-based airline did not have to include wage cuts by its members.

United warned that further cuts and layoffs could be announced in ...

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