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Delta lays off some corporate workers to cut costs

www.reuters.com Delta lays off some corporate workers to cut costs

Delta Air Lines said on Wednesday it is cutting some corporate jobs to better manage costs, at a time when the industry grapples with higher fuel and labor expenses.

Delta lays off some corporate workers to cut costs

And yet, in October '23, Delta said they'd beat revenue expectations! https://abcnews.go.com/Business/wireStory/delta-air-lines-posts-111-billion-profit-quarter-103917339

Profit was up 59% from a year earlier, as strong ticket sales — especially for premium seats and international flights — helped Delta shrug off higher labor costs.

The Atlanta-based airline predicted ranges for fourth-quarter and full-year profit that mostly exceed Wall Street expectations.

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