Leaked memo reveals American Airlines is offering up to a decade of free flights and frequent-flyer miles to some employees who voluntarily quit ahead of layoffs (AAL)

American Airlines is offering up to 10 years of free flight benefits for management and support employees who quit ahead of layoffs, according to a memo seen by Business Insider.The airline said it will need to reduce its management and support staff by about 30% — or about 5,000 workers.Other benefits in the buyouts include…

Leaked memo reveals American Airlines is offering up to a decade of free flights and frequent-flyer miles to some employees who voluntarily quit ahead of layoffs (AAL)

American Airlines is offering up to 10 years of free flight benefits for management and support employees who quit ahead of layoffs, according to a memo seen by Business Insider.The airline said it will need to reduce its management and support staff by about 30% — or about 5,000 workers.Other benefits in the buyouts include frequent-flyer miles and continued health coverage for a longer period.Visit Business Insider’s homepage for more stories.

American Airlines announced a new series of buyout offers for its management and support employees late Wednesday, offering benefits such as free flights and continued pay in exchange for voluntarily separating from the company.The offers come on the heels of a similar offer from United Airlines, and as US airline workers brace for layoffs that are expected to be severe later this fall.In a memo to the employees seen by Business Insider, the airline outlined its new Voluntary Early Out Program, or VEOP, offering two options for US-based workers to take.”Running a smaller airline means we will need a management and support staff team that is more efficient and roughly 30% leaner than it is today,” Caroline Clayton, American’s managing director of corporate communications, wrote in a document outlining the VEOP details.

Employees must apply for the programs by June 10, and would be eligible to be rehired at a later point, a spokesperson for the airline confirmed to Business Insider.”If there are not enough team members who opt into the VEOP, we will need to look to involuntary
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