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Cathay Pacific to cut workforce by nearly a quarter

AFP
2020/10/22 | 654 words | LE JOURNAL DE L'AVIATION | AIR TRANSPORT
Cathay Pacific to cut workforce by nearly a quarter © Le Journal de l'Aviation - All rights reserved
Cathay Pacific announced plans Wednesday to cut its workforce by nearly a quarter and close one of its short-haul airlines in an effort to survive the "devastating" impacts of the coronavirus pandemic.Across the globe, airlines have been hammered as the pandemic has slashed international travel, and they face a long, hard winter after a much-hoped-for rebound failed to materialise.Cathay Pacific, Hong Kong's flag carrier, published a corporate restructuring plan on Wednesday that will lead t...(…)

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