3 weeks SIA to cut 4,300 jobs Manilatimes |Biz
Singapore Airlines (SIA) said it was cutting about 4,300 jobs — about 20 percent of the workforce — due to the devastating impact of the coronavirus, and warned any recovery would be “long and fraught with uncertainty”. SIA is the latest airline to announce massive layoffs as the global aviation industry faces its greatest-ever crisis due to travel restrictions to fight the spread of coronavirus. The city-state’s flag carrier said about 1,900 positions had already been eliminated in recent months due to a recruitment freeze, natural attrition and voluntary departures, reducing further expected job cuts to around 2,400. Positions ... more