Tuesday, 9 June 2020

Emirates Kicks Off Thousands of Job Cuts to Navigate Virus Slump - Bloomberg

Emirates Kicks Off Thousands of Job Cuts to Navigate Virus Slump - Bloomberg:

Emirates started the process of firing thousands of workers to help the world’s largest long-haul carrier preserve cash during the industry’s recovery from the Covid-19 pandemic, according to people familiar with the matter.

The majority of those being retrenched are cabin-crew members, said the people, who asked not to be identified due to the sensitivity of the matter. A minority of the carrier’s 3,000 engineers are also losing their jobs, they said, alongside pilots who mainly flew the super-jumbo Airbus SE A380.

Emirates announced plans to cut jobs last week, without giving specific numbers, and a spokeswoman reiterated that position on Tuesday. Emirates Group, which includes air-services firm Dnata, could over time reduce its number of employees by some 30,000, or almost a third of its total, Bloomberg News reported last month.

Dubai’s government has said it will financially support the airline, which has temporarily cut salaries and grounded most of its passenger flights to mitigate the effect of the outbreak.

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