Home / business / Cathay Pacific cuts a whole bunch of jobs in main shake-up

Cathay Pacific cuts a whole bunch of jobs in main shake-up

Picture copyright

Hong Kong’s flagship provider Cathay Pacific has stated it would minimize almost 600 jobs as a part of the airline’s largest restructuring in 20 years.

The cuts embrace 190 administration jobs and 400 non-management employees working at its head workplace in Hong Kong.

In March, the airline set a goal of saving 30% in worker prices at its head workplace after it posted its first annual loss in eight years.

The cuts are a part of a 3 12 months programme to show across the losses.

The airline stated in an announcement that the job cuts could be full by the top of the 12 months, with a lot of the affected staff to be told on Monday, and over the following month.

Picture copyright

Picture caption

Chief Govt Rupert Hogg is overseeing the airline’s largest restructure in 20 years

قالب وردپرس

About admin

Check Also

Labour proposes new tax on bookmakers

Picture copyright PA Labour says it could think about forcing bookmakers to pay a levy …

Leave a Reply

Your email address will not be published. Required fields are marked *