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Structural fleet capacity will be cut by 20% by next year, the group said in its quarterly results announcement, offering a hint at the potential scale of staff reductions. Additional savings may be found within a combined fleet that includes dozens of older planes that can be withdrawn from service at little cost, Smith said. The group also has a higher percentage of leased aircraft, "which by default gives us more flexibility", he said, adding that there is no writedown on a leased plane. Reductions to flight and cabin crew will depend on fleet decisions, said Guillaume Schmid, an official with the SNPL pilots' union, which is ready to consider voluntary layoffs. "Our competitors have announced quite radical measures, " he said, and staff are "aware that we need to move quickly". However, cuts could be deeper and more contentious among ground staff and administrative jobs open to outsourcing, unions fear. "Up to now Smith has succeeded in keeping all the unions with him, " Schmid said.

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The two companies have the same downtown Chicago address. Advocate Sherman Hospital spokeswoman Terri Hickey said the LLC was the sole bidder in the auction. But Thomas said his company didn't place a bid and instead initially "proffered a contract to circumvent the auction" with no success. After the auction didn't go anywhere, Advocate Sherman Hospital "came back to me" regarding the sale, he said. Hickey also said, "We have worked with city officials and neighborhood leaders throughout this process and expect that they will collaborate with the new owners on a plan for development that benefits the community. " But city spokeswoman Molly Gillespie and K. Eric Larson, president of the neighborhood group, contradicted that. "The city is disappointed Advocate Sherman did not choose to inform the city and surrounding neighborhood it was pursuing the sale of the campus to the Freedom Development Group after its unsuccessful attempt to auction the property, " Gillespie said. The neighborhood group in the past had a good relationship with hospital representatives, but the sale was handled "at higher levels" and there was little, if any, communication, Larson said.

… Read More Reference: 80133 Location – UK Wide Role Description Who you'll be working with With one of the world's largest Security practices you'd expect our client have a thriving and successful Global IAM practice. Their track record speaks for itself – over 140 successful IAM projects delivered in the last five years, being recognised by analysts … Read More Reference: 80131 Private Sector, Risk Advisory London Role Description About Cyber Security Organisations are increasingly operating in borderless environments and this often leaves them vulnerable to a range of information and cyber security threats. Our client's market-leading Cyber Security Advisory practice has a proven track record of working on complex and high profile issues with … Read More Location: London or other regional UK Centre Role description The Opportunity Our client's market leading Operational Transaction Services (OTS) team provides IT & Operations advice to corporate and private equity firms who intend to acquire, divest or restructure businesses.

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Lattice Semiconductor Lattice Semiconductor LSCC, +1. 07% reiterated its earnings and sales outlook for its December quarter, saying bookings so far have been consistent with initial expectations. In evening action, shares declined 12 cents to $21. 81. The company said fourth-quarter sales are expected to decline approximately 10 percent from the previous quarter. Earnings before goodwill write-offs are expected to decline 40 percent sequentially. Shares of Lattice Semiconductor rose 61 cents to close at $21. 93 in Nasdaq trading. See full story. Yahoo, Yahoo YHOO said it's offering to buy online employment site for $10. 50 per share, or $436 million in stock and cash. Shares of HotJobs soared 60 percent to $10. The offer comes two weeks after TMP Worldwide TMPW said it expects its pending purchase of HOTJ to close in the first quarter of 2002. In a letter to, Yahoo CEO Terry Semel said Yahoo's proposal is "superior" to the TMP offer. Shares of closed up 2. 7 percent at $6. 47, while shares of Yahoo ending the regular session up 3.

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