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http://www.RejectionFreeMkt.com?t=vid Markets Plunging and Layoffs are Imminent. You are making some kind of plan.... aren't you??

What to do immediately after a layoff, steps to take after a layoff, what to do after a layoff, EmploymentCrossing.com, what to do after a layoff, steps to take after getting downsized, downsizing

To confirm all activity that suggests the airline industry is hurting, Delta and American Airlines reported a combined $2.49 billion loss for the 2nd Quarter. At a time when travel is usually at its busiest season, high fuel costs have pushed air carriers to downsize their work force and ground planes. The ATA projects a $12 billion loss for the year across the industry, and early 2nd Quarter results make it to be that way. American Airlines projects a cost increase of 26% for the 3rd Quarter, after they have already now taken a $1.45 billion loss in Quarter #2. The airline cut its domestic capacity 12% for the 4th Quarter and will have slashed its labor force 8% by year’s end. Delta, who is closing on a deal to obtain Northwest Airlines, actually reported revenue increase of 10% for the 2nd Quarter. However, the 2nd Quarter Fuel Bill, cuts in domestic capacity, and job buyouts, left Delta $1.04 in the negative. Travelers are now being advised against discretionary travel and impending high fares. Simply put, airlines have to raise prices and reduce cost in efforts to stay in business. And that doesn’t make for happy travels. http://www.EmploymentCrossing.com