Cathay Pacific cuts hundreds of jobs in major shake-up
As we have previously reported Cathay have been evaluating how to cut costs.
They have now announced some of their plans.
The Hong Kong flagship carrier has said it will cut nearly 600 jobs as part of the biggest restructuring in 20 years.
The cuts include 190 management jobs and 400 non-management staff working at its head office in Hong Kong.
In March, the airline said it would save 30 per cent in employee costs at its head office after it posted its first annual loss in eight years.
The cuts are part of a three year programme to turn around the losses.
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