Cathay Pacific Airways confirmed on Monday morning it will shed almost 600 staff from its head office, in the biggest round of job cuts by Hong Kongs flagship carrier in 20 years.
The airline said most of its restructuring will be finished by 2017, citing changing customer habits and a challenging business environment as causes.
Employees were informed on Monday that, as had already been reported in the Post, 190 management jobs would go immediately. A further 400 non-management staff will be cut by mid-June.
Those numbers account for 25 per cent of management staff and 18 per cent of non-management.
Frontline jobs, including pilots and cabin crew, will be spared. Sources familiar with the redundancies said the losses would…
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