How Delta Came Back From Bankruptcy and Repaid Its Employees

The video discusses Delta's bankruptcy due to post-9/11 events and intense market competition. It covers a hostile takeover attempt by US Air, which Delta resisted by presenting a better business plan. Delta's restructuring included a profit-sharing plan with employees, which continues to this day. The Velvet Program was introduced to reconnect with employees, fostering engagement and focusing on the company's future.

What series of events led to the bankruptcy mentioned in the text?

How did the company respond to the offer from USAir during bankruptcy?

What commitment was made to employees regarding profit sharing after restructuring?

Describe the 'velvet program' and its purpose during the bankruptcy era.

What was the significance of reconnecting with employees during difficult times?