LONDON, Sept 4 — Virgin Atlantic is preparing to cut more than 1,000 jobs after seeing a slower-than-expected recovery in international demand for air travel, Sky News reported yesterday. The report comes as the company’s £1.2 billion pound (RM6.6 billion) rescue deal is set for completion...
Friday, 04 Sep 2020 07:11 AM MYT
Virgin Atlantic's planes are seen parked at Manchester Airport, following the outbreak of Covid-19 in Britain May 9, 2020. — Reuters pic LONDON, Sept 4 — Virgin Atlantic is preparing to cut more than 1,000 jobs after seeing a slower-than-expected recovery in international demand for air travel,The report comes as the company’s £1.2 billion pound rescue deal is set for completion this week after a London judge gave the go-ahead to the airline’s restructuring plan in a court hearing on Wednesday.
The airline will announce the layoffs as soon as today, the report said, adding that the latest round of cuts, if confirmed, would mean that Virgin Atlantic’s workforce has almost halved from about 10,000 people before the coronavirus pandemic.
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