Cathay Pacific to cut 6,000 jobs, axe Cathay Dragon brand: SCMP
Hong Kong’s Cathay Pacific Airways Ltd 0293.HK will cut around 6,000 jobs, or 18% of its workforce, and axe regional brand Cathay Dragon to help it weather the coronavirus pandemic, the South China Morning Post reported on Tuesday, citing sources. The airline said in June it was reviewing its strategy in light of the travel […]
Cathay Pacific shuns some job subsidies, raising specter of major cuts
SYDNEY: Hong Kong’s Cathay Pacific Airways Ltd 0293.HK said on Friday it would not apply for further government employment subsidies for its main business units, freeing up its ability to make major job cuts at Cathay Pacific and Cathay Dragon. It has, however, applied for the support for budget carrier HK Express, Air Hong Kong, […]