The airline sector has been badly affected during the corona epidemic. This is the reason that reports of cost-cutting or layoffs are coming out in airline companies around the world. The latest case is that of Australian giant airline Qantas. According to news agency PTI, this airline has planned to cut 6,000 jobs. Apart from this, Qantas has decided to send 15,000 of its employees on leave.
Qantas airline intends to put 100 of its aircraft on standby for a year or more. The company is also going to remove its six remaining Boeing 747 aircraft immediately. Qantas has also announced to cut its cost by billions of dollars and raise new capital. The airline's CEO Alan Joyce said that now the airline has become very 'small' due to low income over the past few years. He said that there has been a big hurdle in the career of the employees who have been sent on leave. The steps we are taking will affect thousands of our people. Due to the Coronavirus epidemic, the operations of the companies of the airline sector all over the world are almost 'stalled'.
Recently, Boeing had announced layoffs of more than 12 thousand people. The American company Boeing, which made the aircraft, also indicated that more people could be laid out. The total number of employees of Boeing is around 160,000. This is considered to be the biggest retrenchment of the aviation sector due to Corona.
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