Delta to cut up to 8,000 more jobs ATLANTA (AP) =97 Delta Air Lines is cutting 7,000 to 8,000 more jobs to try= =20 to stem dramatic financial losses following last year's terrorist attacks=20 and a still sluggish economy. Chairman and CEO Leo F. Mullin told company= =20 employees Thursday that he hoped many of the job reductions, which will=20 include management, could come through voluntary-leave, early retirement=20 and severance programs. If there are not enough volunteers for these=20 programs, the company will lay off workers. With these latest cuts, Delta= =20 has slashed 21,000 jobs, or 25% of its work force since Sept. 11,=20 2001. The cuts come two days after the Atlanta-based carrier posted a=20 third quarter loss of $326 million and said it did not see any improvement= =20 coming in the near future. "In the current environment, with a high number of available seats and a=20 low level of passenger demand, traffic continues to be stimulated primarily= =20 by fare sales that have driven revenue down to levels last seen in 1995,"=20 Mullin said in a memo to employees. "Until demand returns and business=20 conditions otherwise improve, Delta's survival and our potential for future= =20 success requires that we maintain tight control of all facets of the=20 business." Delta announced earlier this week that it is further reducing=20 costs and capacity by grounding its MD-11 fleet and deferring all mainline= =20 aircraft deliveries in 2003 and 2004. Shares of Delta (DAL) gained 72 cents, or 8.5%, to $9.22 in afternoon=20 trading Thursday on the New York Stock Exchange. The owner of Roger's Trinbago Site: Roj (Roger James) *************************************************** escape email mailto:ejames@escape.ca Trinbago site: http://www.tntisland.com CBC Website http://www.tntisland.com/caribbeanbrassconnection/ The Trinbago Site of the Week: (ReadyMix) http://www.readymix.co.tt/ (ReadyMix Cement Ltd) courtesy of Roj Trinbago Website & TnT Web Directory Roj's Trinbago Website: http://www.tntisland.com TnT Web Directory: http://search.co.tt *********************************************************