CHICAGO, Jan. 24 (Xinhua) -- Leading U.S. air carrier United Continental said on Thursday that it will cut about 600 front- office jobs on voluntary and involuntary basis, after the company reported financial losses for 2012.
Those job cuts will begin in early February, said United CEO Jeff Smisek in a letter to employees.
Chicago is likely to be most affected as the world's largest airline has its corporate headquarters and network operations center in downtown Chicago, and the Chicago O'Hare airport is one of the airline's largest hubs.
The airline has experienced such operational problems as poor on-time performance and high cancellation rates, stemming from computer-related glitches after the airline merged the United and Continental customer reservation systems onto a common platform last March. As a result, many corporate customers were lost.
United Continental lost 723 million dollars or 2.18 dollars per share in 2012. In the fourth quarter, United lost 620 million dollars, or 1.87 dollars per share.
Revenue also fell 2.5 percent to 8.7 billion dollars in 2012.
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