!!!Romney’s Firm BAIN CAPITAL - - - Instructs American Airlines to Sack 13,000 Workers!!!

Romney’s Firm Instructs American Airlines to Sack 13,000 Workers
February 5, 2012
By Emine Dilek

On Wednesday, February 1st, American Airlines announced that it will take the advice of Mitt Romney’s firm, Bain Capital, and lay off 13,000 workers -15 percent of its workforce- replacing their pension plans with 401(k) plans and ending company-paid retiree healthcare.

The lay off announcement came only seven days after American Airlines hired Bain Capital to guide it through a bankruptcy procedure for which the airline had filed last November.

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James Little the President of Transport Workers Union (TWU), which represents 24,000 workers said “We’re going to fight this. I have a hard time sitting back when American Airlines is taking hard-earned money to pay $525,000 a month to have Bain come in and tell them how to cut heads.”

Little also mentioned Mitt Romney, “He’s talking about creating jobs. He’s not a job creator. He’s a job cremator."

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MORE:
http://www.addictinginfo.org/2012/02/05/romneys-firm-instructs-american-airlines-to-sack-13000-workers/


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As Mitt Romney campaigns in today’s Florida presidential primary, airline workers have been following him with a message about one of his old company’s newest clients: Airline giant AMR, the parent company of American Airlines and American Eagle. AMR, which filed for bankruptcy in November, last week announced plans to retain the advice of Bain & Co., the consulting firm where Romney worked before co-founding private equity firm Bain Capital in 1985.
http://www.inthesetimes.com/working/entry/12643/mitt_romney_american_airlines_bankruptcy_bain_transport_workers_union_flori/