Japan’s ANA to cut 3,500 jobs in 3 years as it anticipates prolonged virus woes: Yomiuri

  • Date: 25-Oct-2020
  • Source: The Daily Tribune - News of Bahrain
  • Sector:Transport
  • Country:Middle East
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Japan’s ANA to cut 3,500 jobs in 3 years as it anticipates prolonged virus woes: Yomiuri

Reuters 

The Daily Tribune - www.newsofbahrain.com

ANA Holdings Inc 9202.T plans to cut about 3,500 jobs in three years as Japan's largest airline operator braces for its biggest-ever annual loss due to a plunge in demand driven by the coronavirus pandemic, the Yomiuri daily reported.

The job losses are part of ANA's broader business restructuring plan to be announced on Tuesday, as it scrambles to cut fixed costs in anticipation of