Australia’s Qantas to cut 6,000 jobs as coronavirus hits aviation sector

Australia’s Qantas is cutting 6,000 staff and grounding 100 planes for up to a year in a US$10 billion cost-cutting blitz in response to the Covid-19 crisis, the airline announced on Thursday.CEO Alan Joyce said the three-year plan to save Australia’s flag carrier from “the biggest crisis our industry has ever faced” would also see more than half the company’s remaining 23,000 staff remain on leave for months.“We’ve never experienced anything like this before, no one has. We’re facing a sudden…

Read the original article at South China Morning Post