Loss-making Cathay Pacific Makes Biggest Job Cuts In 20 Years

SYDNEY/SHANGHAI (Reuters) - Cathay Pacific Airways Ltd said on Monday it was cutting 600 jobs, its biggest headcount reduction in almost two decades, as it seeks to return to profitability in an industry battered by falling ticket prices.

BING NEWS:
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    STATEN ISLAND, N.Y. -- The list of employers cutting jobs continues to grow. In fact, data from the Bureau of Labor Statistics shows there were about 19.6 million layoffs across the nation throughout ...
    05/27/2024 - 1:01 am | View Link
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