Wednesday, 1st September 2010
In Japan Travel News,
Japan Airlines cuts jobs
Around one third of jobs could be cut at Japan Airlines (JAL) after a company-wide restructuring.
The airline filed for bankruptcy in January and has already taken steps to cease numerous domestic and international routes in order to limit further losses.
It is now expected that more than 16,000 jobs could be cut as JAL reduces the number of planes in service. Some of the redundancies could come from voluntary retirement as well as the possible sale of the company's subsidiaries.
A statement from JAL said: "By fully implementing these measures, the JAL Group will aim to become profitable from the first fiscal year of the plan and thus rehabilitate quickly."
Overall, the cutbacks mean JAL's total workforce is set to be be reduced from 48,714 to 32,600 by the end of 2010.
JAL currently operates in 38 countries including Canada, France, Australia and Vietnam and offers routes to over 200 airports worldwide.
Written by Susan Ballion.
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