- Delta Air Lines (DAL -1.2%) is planning job cuts in its office workforce (management and salaried workers) to boost productivity.
- The airline didn't specify numbers but said front-line workers on planes wouldn't be affected. Cuts could come worldwide, including at Atlanta headquarters.
- Two weeks ago, the company had laid out 14.5% pay raises for both front-line and office workers to go into effect Dec. 1.
- It's expected to post record earnings when it reports Q3 results on Oct. 14.
- Shares were flat in after-hours trading.