Air Canada cuts 400 management positions, or 1% of workforce
Air Canada said on Thursday it cut about 400 management positions, representing about 1 per cent of its workforce, after the country’s largest airline faced a four-day strike earlier this year by flight attendants that grounded planes.
The carrier, which reports earnings on Nov 5, said in September it expects a lower adjusted core profit and withdrew its forecast due to the strike. REUTERS
Originally published by businesstimes.com.sg. Syndicated material does not necessarily reflect the views of Grazia British.
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