Qantas has taken the axe to almost a quarter of its network and canned its recently announced $150 million share buy-back as chief executive Alan Joyce admits the airline has 2000 too many staff.
The dramatic steps are the latest in the airline's response to the COVID-19 outbreak.
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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
Jenny Wiggins writes on business, specialising in infrastructure, telecommunications and transport. Connect with Jenny on Twitter. Email Jenny at jwiggins@afr.com
