Virgin Australia to Cut 3,000 Jobs Under Bain’s Ownership

by

Aug.04 — Virgin Australia Holdings Ltd. is planning to cut a third of its workforce under the ownership of Bain Capital as the buyout firm attempts to resurrect and restructure the airline. Bloomberg’s Angus Whitley reports on “Bloomberg Daybreak: Asia.”


In This Story: Australia

Australia, officially known as the Commonwealth of Australia, is a sovereign country comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands. It is the largest country in Oceania and the world’s sixth-largest country by total area.

7 Recent Items: Australia

Entrepreneurs who weathered investor rejection and prevailed | shark tank aus 1

Entrepreneurs Who Weathered Investor Rejection and Prevailed | Shark Tank AUS

Category: Legal, Television

Carlos Alcaraz Press Conference en Español | Australian Open 2024 Third Round

Category: Australian Open

The AO Show: Azarenka outguns Ostapenko on Day 7, Rublev and De Minaur to square off on Day 8

Category: Australian Open

Alexander Zverev v Alex Michelsen Extended Highlights | Australian Open 2024 Third Round

Category: Australian Open

Alexander Zverev On-Court Interview | Australian Open 2024 Third Round

Category: Australian Open

Daniil Medvedev Press Conference | Australian Open 2024 Third Round

Category: Australian Open

Nuno Borges Press Conference | Australian Open 2024 Third Round

Category: Australian Open

Leave a Comment

We don't require your email address, or your name, for anyone to leave a comment. If you do add an email address, you may be notified if there are replies to your comment - we won't use it for any other purpose. Please make respectful comments, which add value, and avoid personal attacks on others. Links are not allowed in comments - 99% of spam comments, attempt to post links. Please describe where people may find additional information - for example "visit the UN website" or "search Google for..." rather than posting a link. Comments failing to adhere to these guidelines will not be published.