Business
Looming staff cuts at Qantas likely larger than the 2014 purge of 5000 – Sydney Morning Herald
Qantas culls staff as Virgin culls suitors. Separate as these two events might seem, Australia has a domestic aviation duopoly so what happens to one player vitally affects the other.
Whichever of the three parties gets hold of Virgin, it will emerge with a much healthier balance sheet and a more manageable cost base. Part of this will include fewer employees and quite possibly le…
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