Cathay Pacific Airways announces its largest job cuts in history

South China Morning Post published this video item, entitled “Cathay Pacific Airways announces its largest job cuts in history” – below is their description.

Hong Kong’s flagship carrier Cathay Pacific Airways has announced it will cut thousands of jobs including 5,300 staff based in the city, and that it will immediately shut down its mainland China-focused Cathay Dragon brand. Cathay CEO Augustus Tang Kin-wing said the moves announced on October 21, 2020, were a “heart-wrenching decision” made in response to the devastating impact of the Covid-19 pandemic on global air travel. SCMP senior reporter Danny Lee discusses the airline’s restructuring plans. Support us: https://subscribe.scmp.com

South China Morning Post YouTube Channel

Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.


About This Source - South China Morning Post

The South China Morning Post (SCMP), with its Sunday edition, the Sunday Morning Post, is a Hong Kong-based English-language newspaper founded in 1903. It is Hong Kong’s newspaper of record, owned by Alibaba Group.

Recent from South China Morning Post:

Ways to boost your luck in the year of the dragon 1

Ways to boost your luck in the Year of the Dragon

Pakistan retaliates with missile strikes into Iran, killing 9 after Tehran attack on Pakistan soil

Chinese EV maker BYD launches electric cars in Indonesia

In This Story: China

China is the third largest country in the world by area and the largest country in the world by population. Properly known as the People’s Republic of China, the political territory of the country includes Tibet and Hong Kong. The capital is Beijing.

7 Recent Items: China

Why The World Is Rushing Back To The Moon

How will the situation in the Red Sea evolve?

WEF founder: China plays responsible, responsive role in face of new global setting

WEF founder emphasizes crucial role of Davos meeting in addressing global challenges

Teams from China’s north, south meet in Harbin’s ice dragon boat race

WEF Founder highlights China’s remarkable economic momentum and will for progress

Where Are All the Chinese Tourists?

In This Story: COVID-19

Covid-19 is the official WHO name given to the novel coronavirus which broke out in late 2019 and began to spread in the early months of 2020.

Symptoms of coronavirus

The main symptoms of coronavirus are:

  • a persistent new cough (non productive, dry)
  • a high temperature (e.g. head feels warm to the touch)
  • shortness of breath (if this is abnormal for the individual, or increased)

Latest News about Covid-19

Below are stories from around the globe related to the 2020 outbreak of novel Coronavirus – since the WHO gave the Covid-19 naming. Most recent items are posted nearest the top.

5 Recent Items: COVID-19

Global National: Jan. 19, 2024 | Health data shows influenza, COVID-19 cases decreasing in Canada

Stock market today: Dow, S&P 500 hit record highs as tech stocks soar | January 19, 2024

Stock market today: Stocks climb with techs ready to roar | January 19, 2023

Dr Anthony Fauci ‘became part of the problem’ when it came to the spread of Covid misinformation

WEF summit: Canada warns of future supply shocks amid global instability

In This Story: Pacific

The Pacific Ocean is the largest and deepest of Earth’s oceanic divisions. It extends from the Arctic Ocean in the north to the Southern Ocean in the south and is bounded by the continents of Asia and Australia in the west and the Americas in the east

2 Recent Items: Pacific

We Talk: New Zealanders say Japan should consider other countries’ interests

Unrelenting winter storm impacting tens of millions across the U.S.

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.