American Airlines (AA) parent AMR Corp., which is restructuring via the Chapter 11 bankruptcy process (ATW Daily News, March 29), on Tuesday announced it will eliminate five manager positions as part of the third phase of restructuring. AMR said the cuts, combined with the previous organizational changes, represents a 20% reduction in the company’s most senior leadership positions. AMR chairman and CEO Tom Horton said the organization redesign “purposefully began at the top, ...

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