ADVERTISEMENT
Singapore Airlines Plans to Cut Around 4,300 Jobs
Singapore Airlines Plans to Cut Around 4,300 Jobs
10 Sep 2020, 04:06 PM IST
(Bloomberg) -- Singapore Airlines Group will cut around 4,300 positions due to the “long road to recovery for the global airline industry,” according to a statement to the exchange.
(Bloomberg) -- Singapore Airlines Group will cut around 4,300 positions due to the “long road to recovery for the global airline industry,” according to a statement to the exchange.
- Singapore Airlines reiterates that it expects to operate under 50% of its capacity at end of financial year 2020/21 compared to pre-Covid levels.
- Group will cut positions across Singapore Airlines, SilkAir and Scoot.
- Discussions have started with Singapore-based unions and Singapore Airlines will finalize the arrangements as soon as possible for those affected.
©2020 Bloomberg L.P.
Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
ADVERTISEMENT