Open

Coming up

Don't miss

Replay


LATEST SHOWS

AFRICA NEWS

2014-07-11 21:47 AFRICA NEWS

Read more

MEDIAWATCH

Finally, a good use for new app "Yo"

Read more

THE WORLD THIS WEEK

The World This Week - 11 July 2014 (part 2)

Read more

THE WORLD THIS WEEK

The World This Week - 11 July 2014

Read more

REPORTERS

Exclusive: an unlikely victim of the 'War on Terror'

Read more

#THE 51%

Sweden: A Feminist's Paradise?

Read more

FRANCE IN FOCUS

Politics: parties under pressure

Read more

FOCUS

In Burma, the rise of radical Buddhism

Read more

ENCORE!

Haute Couture: the hand-stitched clothing made in Paris that sells for the price of small yachts

Read more

  • Ukraine promises retaliation after rebel assault

    Read more

  • The third-place playoff: the World Cup game no one wants to play

    Read more

  • Last of the Ramones, Tommy Ramone, dies aged 62

    Read more

  • Putin revives old Cuban flame and eyes Latin American minerals

    Read more

  • Kerry holds all-night talks with Afghan presidential rivals

    Read more

  • Netanyahu resists international pressure to stop air strikes on Gaza

    Read more

  • Amazon snubs French free delivery ban with one-cent charge

    Read more

  • Cleveland's NBA fans hail 'return of king' LeBron James

    Read more

  • Exclusive: an unlikely victim of the 'War on Terror'

    Read more

  • Magnitude 6.8 quake, small tsunami hit east Japan

    Read more

  • Suspect in Brussels Jewish Museum shooting drops extradition appeal

    Read more

  • Kurdish forces take over two oilfields in northern Iraq

    Read more

  • Are French high school students getting smarter?

    Read more

  • Italy’s Trentin wins seventh stage of Tour de France

    Read more

  • In pictures: Chanel, Dior and so much more at the Paris couture shows

    Read more

Business

Japan Airlines considering further job cuts

©

Text by NEWS WIRES

Latest update : 2009-08-24

Japan's main carrier, Japan Airlines, could cut as many as 5,000 jobs by 2012, local media say. The cash-strapped company has forecast a loss of 660 million dollars in the year to March 2010.

AFP - Cash-strapped Japan Airlines is considering cutting about 5,000 employees, or 10 percent of its group workforce, by March 2012, Kyodo News reported Monday.
  
Kyodo, quoting industry sources, said the cuts may be implemented through attrition and steps such as encouraging early retirement.
  
The report could not be immediately confirmed with Asia's biggest carrier.
  
On August 7, JAL announced drastic cuts to its flight services as it braces for a second straight year in the red amid a slump in demand, particularly from business travellers, caused by the global downturn.
  
JAL, which has announced more than 11,000 job cuts since 2005, forecast a loss of 63 billion yen (660 million dollars) in the year to March 2010, after a 63.2-billion-yen deficit last year.

Date created : 2009-08-24

Comments

COMMENT(S)