Continental Airlines (CAL) will reportedly cut 600 jobs from its reservations centers, the Houston Chronicle reported Monday, with more than half of those cuts happening in the Houston area.
The newspaper reported that Continental would cut the 600 jobs as phone reservations continue to decline in popularity as passengers turn more toward Internet bookings. Continental is also not renewing a reservation contract with Walt Disney Co. (DIS) regarding its resorts, which the newspaper estimates makes up approximately 100 of the jobs being cut.
The other positions Continental intends to cut will happen in the Salt Lake City metropolitan region, the Chronicle reported.
Continental plans to offer early-retirement packages to employees who worked 10 years or more with the airline and severance packages or others losing their jobs. The cuts are expected to take place in early April, the newspaper reported.
Shares of Continental were up 1.3% in Monday trading to $20.15.
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