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Mr. Garfinkle said he believed investors would support future mergers involving United or other carriers, but the airlines needed to streamline their fleets and take other cost cutting moves before that happens.
Cost cutting moves, like T-Mobile's buying of a roaming partner, will make bottom lines blacker and services sleeker for customers.
Some companies, in understandable cost cutting moves, use screening software to make sure that the vast majority of candidates never even have a conversation about fit.
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The job cuts and other cost-cutting moves will reduce annual expenses by $11 million, the company said.
EGL expects to save $20 million a year from the job cuts and $10 million from other cost-cutting moves, which include consolidating offices.
But the Jets are not expected to make any cost-cutting moves today, having already trimmed their payroll with earlier cuts and contract restructurings.
The Suns, in contrast, handicapped themselves in recent seasons with a number of cost-cutting moves.
Some of Chrysler's cost-cutting moves have been abrupt and unexpected.
Profit was also pulled down by expenses for an acquisition and cost-cutting moves.
The cost-cutting moves may be a case of a nose being sacrificed to spite the face.
The downturn has provoked this and other cost-cutting moves by Cathay.The bidding war for Japan's IDC continued.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com