Blame it on the loss it incurred during the past quarter.
Bloomberg reported that Singapore Airlines Ltd. said jobs are likely to be cut as part of a business review. Southeast Asia’s biggest carrier has kicked off to revive earnings following a surprise quarterly loss.
The premium carrier’s staff is aware headcount reduction is possible under the process, Chief Executive Officer Goh Choon Phong told reporters Tuesday at the annual meeting of the International Air Transport Association in Cancun, Mexico. The group, including affiliates and units, employed an average 24,350 workers at the end of March 2016.
Some jobs may become “irrelevant,” while some workers may need new skills for different tasks, Goh said, adding it is too early to provide numbers. The review process that covers the carrier’s fleet and network started more than six months ago, and Singapore Air has hired external advisers for help, he said.
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