United Offers Up to $100K If Workers Leave

United Airlines (NYSE:UAL) says it will offer flight attendants up to $100,000 in severance if they leave the company.

The lump-sum payments will be offered in order of seniority to some of United's 23,000 flight attendants.

United and the Association of Flight Attendants announced the deal on Monday.

United says the early-outs will help it match staffing to its flight schedule and produce a labor contract with the union.

Airlines and other companies have used early-out bonuses to entice employees to leave voluntarily. If enough employees accept, it can reduce or avoid layoffs and remove senior, more-expensive employees from the payroll.unite