Malaysia Airlines To Cut 6,000 Jobs

By REUTERS, NY Times: Business
Fri, 08/29/2014 - 12:24am

Malaysia Airlines will cut 30 percent of its workforce as part of a restructuring that will cost about $1.9 billion, majority investor Khazanah Nasional said.

Topics: malaysia airlines khazanah nasional cut

Place your ad here
Loading...

BING NEWS:

House, Senate agree on $105 billion bill for air travel safety
After a series of close calls between planes at U.S. airports, congressional negotiators agreed this week on a $105 billion bill to improve air travel safety in the country ...
05/2/2024 - 6:36 am | View Link
Big changes to American Airlines program delayed, but still coming: AA wants you booking direct
American Airlines will cut earning for miles and Loyalty Points on some nondirect bookings, meaning some travelers won’t receive points or miles for their flights.
05/1/2024 - 2:44 am | View Link
American Airlines is cutting some international flights because Boeing can't deliver enough 787 Dreamliners — see the full list
American Airlines is making cuts to flights schedules on select international and Hawaii routes due to Boeing 787 Dreamliner delivery delays.
04/30/2024 - 8:28 am | View Link
Southwest Airlines Will Cut 25 Flights From HartsfieldJackson Atlanta International Airport
In the near future, Southwest could do away with unassigned seating for faster turnaround time to save money. Southwest Airlines ...
04/29/2024 - 4:41 pm | View Link
Southwest Airlines to Cut Service to These 4 Airports
Due to financial losses, Southwest Airlines will no longer be operating flights out of 4 airports in the U.S. and Mexico, while reducing flights at two others.
04/29/2024 - 12:37 pm | View Link
More

More Movie News

More Business News

Google's former CEO lists $24.5 million mansion in most expensive ZIP code in the US
Business Insider, Saturday - 05/04/2024 - 05:12 AM
Eric Schmidt bought his mansion for around $2 million in 1990, according to Zillow, and is now trying to sell it for $24.5 million. Vivien Killilea/Peter Lyons/GettyEric Schmidt, Google's ex-CEO, is selling his Atherton mansion for $24.5 million. The property, located in the most expensive US zip code, includes a main home and a guest house.
More | Talk | Read It Later | Share
Tech titans love Modi's economic powerhouse India — despite mass unemployment and abject poverty
Business Insider, Saturday - 05/04/2024 - 05:02 AM
Indian Prime Minister Narendra Modi. Kevin Frayer/GettyThe Indian economy has grown strongly under Narendra Modi, whose party is set to win another term. India's success has caught the eye of figures including Elon Musk, Jamie Dimon, and Tim Cook. Youth unemployment, income inequality, regional disparities, and Russian oil remain big problems.
More | Talk | Read It Later | Share
Armies need their own drone air force flown by specialist soldiers, study says
Business Insider, Saturday - 05/04/2024 - 05:00 AM
A Ukrainian soldier from the battalion of unmanned attack air systems "Achilles" of the 92nd Separate Assault Brigade prepares the "Vampir" night drone for an operation near the town of Chasiv Yar, Donetsk region, on April 22, 2024. Anatolii Stepanov/Getty ImagesDrone warfare is changing fast and demands battalions of specialists to fully exploit its potential.
More | Talk | Read It Later | Share
Critics have panned Jerry Seinfeld's 'Unfrosted.' One called it 'one of the worst films of the decade.'
Business Insider, Saturday - 05/04/2024 - 04:59 AM
Jerry Seinfeld directed, cowrote, and stars in "Unfrosted."John P. Johnson / NetflixJerry Seinfeld's directorial debut, "Unfrosted," is out now on Netflix. Critics said that the movie is filled with gags but doesn't have a clear, interesting story. Some said only few moments in the movie are actually funny. Jerry Seinfeld's new movie "Unfrosted," about the creation of Pop-Tarts, has been flooded with negative reviews, leaving critics wondering why the comedy movie isn't very funny.
More | Talk | Read It Later | Share
A college is hosting a sold-out Taylor Swift masterclass for parents ahead of the star's UK tour
Business Insider, Saturday - 05/04/2024 - 04:48 AM
Taylor Swift. Taylor Swift/YouTubeA UK college is running a crash course on all things Taylor Swift ahead of her UK tour. The one-day course is aimed at parents and plus ones of Swifties. The college says the course will provide "the full Love Story on all things Eras Tour."A college in Scotland is running a crash course on all things Taylor Swift ahead of the pop star's UK leg of her Eras Tour.
More | Talk | Read It Later | Share
China has a lot more missiles — with US warships and bases in its sights
Business Insider, Saturday - 05/04/2024 - 04:00 AM
Roc Canals/Getty, Shaunl/Getty, Tyler Le/BIAmerican warships and bases in the Pacific are within reach of an increasingly worrying threat, a missile force unlike anything the US has faced in combat. China's ever-expanding Rocket Force is armed with thousands of missiles with ominous nicknames such as "carrier killers" and the "Guam Express."US military leaders and officials say these weapons could make a war in the Indo-Pacific devastating for American forces.
More | Talk | Read It Later | Share

Malaysia Airlines To Cut 6,000 Jobs

Welcome to Wopular

MoviesWithButter : Our Sister Site

More Business News