Hong Kong flag carrier Cathay Pacific on Wednesday announced that it will eliminate 8,500 job posts, making 5,900 staff redundant, and shut one of its regional airlines with immediate effect in an effort to cope with the Covid-19 pandemic-induced fallout. This is the company's largest jobs cut in its history, the South China Morning Post newspaper reported.To Contact Insurance and Investment Expert
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Cathay Pacific to shut one of its regional airlines; eliminate 8,500 job posts
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October 20, 2020
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