Qantas Layoffs Job Cut: fires 1750 employees: Finance Trading Times

Qantas Layoffs Job Cut: fires 1750 employees

The news is from Qantas, which is the Australina National Airline, is reported to be going for layoffs. The news is not good for the employees of the Qantas as the organization is going for job cuts. Now the situation is getting worse for the employees as the recession is taking a toll on all sectors and all of the sectors are feeling the heat. Qantas Logo
How many employees may be fired in the Qantas layoffs?
As per the reports, there are going to be 1750 job cuts by Qantas. There were 1500 job cuts in July 2008 and 90 senior management job cuts in March. These 1750 job cuts will be additional to that.

What is the total no. of employees of Qantas?
The total no. of employees of Qantas is 34,000 as of now.

What will be the cost and savings by Qantas layoffs?
No info about that.

When will the Qantas layoffs happen?
No info about any dates.

Which locations and department of employees will be affected by the Qantas layoffs ?
500 Management jobs will be cut and the remaining 1250 job cuts will be from the other staff members.

What is the primary reasons for Qantas layoffs?
It's all about the worsening market situation, economy, declining sales and no clear site of future revival.

Any other news about Qantas layoffs
As per News.co.au, Qantas also slashed its full year pre-tax profit outlook to between $100 million and $200 million, down from its previous forecast of $500 million
Let's hope that alternative jobs are available to the affected employees of Qantas Layoffs Job Cut
Have Comments or Questions? Please post them as comments using "Post our Comments" link below. Your queries will be responded for free in 24 hrs!

0 Comments: Post your Comments

Wish you all happy and fruitful trading and investing activities with safety! = = = Post a Comment

Copyright Information:
© Finance-Trading-Times.com
Please see Our Copy Right Policy. All the articles, posts and other materials on this website/blog are copyrighted to the owners of this portal. The content should NOT to be reproduced on any other website or through other medium, without the author's AND owners' permission. Contact: contactus(AT)finance-trading-times.com

DISCLAIMER: Before using this site, you agree to the Disclaimer. For Any questions or comments, please mail contactus(AT)finance-trading-times.com.

About UsAdvertise with UsCopyRight Policy & Fair Use GuidePrivacy PolicyDisclaimer