Hong Kong/Sydney Qantas is cutting 6,000 jobs and looking to raise up to 1.9 billion Australian dollars as the carrier fights to survive the coronavirus pandemic.
The cuts announced Thursday account for 20% of Qantas' total workforce of 29,000 people, according to the company. They will primarily affect the airline's corporate, ground and flight staff, while another 15,000 workers will remain on furlough"until flying returns," it added. Jetstar, the company's budget carrier, will also be affected.
Literally never heard of them
But the CEO is on $24M +
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Australia's Qantas airline to cut 6,000 jobs as virus hitsWELLINGTON, New Zealand (AP) — Qantas plans to cut at least 6,000 jobs and keep 15,000 more workers on extended furloughs as Australia's largest airline tries to survive the coronavirus... Oh dear Joke contest giveaway: You can thank the dims /s
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Qantas to cut 6,000 jobs and raise $1.3 billion due to virus outbreakQantas Airways Ltd said on Thursday it is axing at least 20% of its workforce and plans to raise up to A$1.9 billion ($1.30 billion) of equity as part of drastic measures in response to the coronavirus crisis. LiveSquawk Fire the plebs, pump the stocks for BoD. Doesn't miss, every single time!
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Source: Reuters - 🏆 2. / 97 Read more »
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New York’s MTA to Consider Service, Job Cuts as Coronavirus Further Imperils FinancesOfficials at the nation’s largest transit agency warned of massive spending cuts as the authority continues to hemorrhage billions of dollars because of the coronavirus pandemic. It’s fine, we’ll simply arrest the liberals in politics and the media, restructure and open stronger than ever. Private bussiness help NYGovCuomo NYCMayor BGOV
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