NewsBite

Updated

Qantas sacks 6000 in new COVID recovery plan

Lucas Baird

Qantas will sack 6000 employees as part of a drastic three-year recovery plan from the COVID-19 pandemic, with the airline's chief executive Alan Joyce saying the reality is these roles "are jobs we don't see coming back for a long time".

Mr Joyce expects the airline's redundancy bill to reach $600 million, as another 15,000 workers at Qantas remain stood down during the industry-wide crisis.

Loading...
Lucas Baird is a journalist based in The Australian Financial Review's Sydney office. Connect with Lucas on Twitter. Email Lucas at lucas.baird@afr.com

Read More

Latest In Transport

Fetching latest articles

Most Viewed In Companies

    Original URL: https://www.afr.com/companies/transport/qantas-in-trading-halt-ahead-of-capital-raising-20200625-p555yc