Aviation News Desk:
Singapore Airlines said Thursday it was cutting about 4,300 jobs – about 20 percent of the workforce – due to the devastating impact of the coronavirus, and warned any recovery would be “long and fraught with uncertainty”. report AFP.
SIA is the latest airline to announce massive layoffs as the global aviation industry faces its greatest-ever crisis due to travel restrictions to fight the spread of coronavirus.
The city-state’s flag carrier said about 1,900 positions had already been eliminated in recent months due to a recruitment freeze, natural attrition and voluntary departures, reducing further expected job cuts to around 2,400.
“The future remains extremely challenging,” said Singapore Airlines chief executive Goh Choon Phong.
“Given the expectation that the road to recovery will be long and fraught with uncertainty, it has come to the point where we have to make the painfully difficult decision to implement involuntary staff reduction measures.”
He said Singapore Airlines was more vulnerable than other major carriers around the world, as it did not have a domestic market and is wholly dependent on international routes.