Tag: downsizing
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Air Canada to lay off up to 60% employees amid pandemic
Canada’s largest airline, Air Canada, plans to lay off at least 20,000 employees, or about half its workforce, amid the coronavirus pandemic. Air Canada said the cuts affect more than half of the company’s 38,000 employees. The airline said the pandemic has forced it to reduce scheduled flights by 95% and it doesn’t expect normal…
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Brussels Airlines to reduce fleet size, slash workforce
Belgium’s biggest carrier Brussels Airlines, hammered by the collapse in travel due to the coronavirus, plans to slash 1,000 jobs – a quarter of its workforce. The Lufthansa Group carrier said it would downsize the company and as a consequence its workforce by 25 per cent. As part of this restructuring Brussels Airlines will cut…
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SAA nears collapse with plan to fire all staff
(BLOOMBERG) South African Airways (SAA) plans to lay off its entire 4,700-strong workforce after failing to persuade the government to provide more financial help, a move that threatens to ground the 86-year-old national carrier good. The state-owned airline has offered severance deals to all staff from the end of this month after administrators concluded that…
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Air New Zealand announced a significant downsizing
Air New Zealand (NZ) plans to ground their fleet of Boeing 777s for a year, and as a result plan to cut nearly 1000 cabin crew jobs from its international fleet. According to reports of Baaghi TV, this is to tackle what the airline is calling a ‘surplus’ of workers during the current travel downturn…