Qantas to axe 2,500 more jobs after annual loss

Australian flag carrier Qantas announced plans Tuesday to cut almost 2,500 more jobs, just days after posting a huge annual loss as it reels from a collapse in demand caused by the coronavirus. It comes on top of 6,000 redundancies already announced as the company undertakes a $10-billion cost-cutting blitz in response to "the most challenging period" in its 99-year history.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News
https://ift.tt/3jbcX73