If you work for United Airlines, you couldn’t have liked the news from earlier this week when UAL Corp., United Airlines’ parent company, posted a first quarter loss of more than $500 million. With the company’s market value plummeting, more than a thousand job cuts were announced.

United Airlines pointed to mounting fuel costs as one of the main reasons for the loss. In addition to cutting jobs, the airline also plans to cut the number of flights they serve on a daily basis. The job cuts and flight changes are tentatively planned to take place before the end of 2008.

The next step for United Airlines could be merging with another airline if they can’t find a way to slow their losses. In recent years, a number of airlines have either been forced to merge or close their doors. Southwest Airlines is currently the only airline that consistently turns a profit.

Are you employed by United Airlines? If so, it’d be wise to start coming up with a fallback plan. Start looking for jobs now or at least decide which fields you would be interested in joining. If you can plan in advance, you can be ready to make the transition if you get laid off.

Photo credit: Wikimedia Commons

Tags: airline jobs, airlines cut jobs, jobs, layoffs, united airlines, united airlines layoffs

This entry was posted on Thursday, April 24th, 2008
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