American has 101,000 employees. If the headline read, "American retains 94,000 employees", and then the article mentioned that of the other 7,000, 2,000 were gonna retire anyways, another 3,000 will have jobs within four to six months (before their generous severance expires), it wouldn't seem so bad.
And those numbers are pretty close to what usually happens in those situations, even when the economy is relatively weak as it is now.
I agree, though, that O'Neil should STFU. But if we don't listen to him and he speaks, does he really say anything? |
