American Airlines (AAL) is slashing hundreds of corporation positions after reporting a Q3 loss, with the cuts to mostly affect workers in Forth Worth, Bloomberg’s Lucia Kassai reports, citing a person familiar with the matter. Staff in mid-management level roles and support workers are being laid off, with impacted areas including finance, technology, commercial, and communications, the author notes. Shares of American Airlines are down nearly 3% after the news.
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