Latest update: 15/09/2009 

- airlines - Economic crisis - Japan - layoffs


A further 6,800 jobs to go at Japan Airlines
A further 6,800 jobs to go at Japan Airlines
In an effort to return to profit, Japan Airlines has announced it is to slash 6,800 jobs, representing 10 percent of its workforce. The company, which has already made big cuts in recent years, lost over one billion dollars between April and June.
By News Wires (text)

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AFP - Japan Airlines is to cut 6,800 jobs and pursue a tie-up with a foreign carrier in an effort to return to profit, its president Haruka Nishimatsu said Tuesday.
  
"We are talking about a personnel cut of 6,800," he told reporters. "It's a significant figure. The personnel reduction cannot wait."
  
JAL, which lost more than one billion dollars in the April-June quarter, has already slashed thousands of jobs in recent years.
  
Nishimatsu said JAL aimed to seal a tie-up with an overseas carrier by mid-October. According to local media, Delta Air Lines and American Airlines' parent company are both interested in taking stakes in the Japanese group.

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