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Talent Ecosystem

Coronavirus Impact: Qantas Airlines to cut 20% of its workforce and raise capital

Australian flag carrier Qantas Airways Ltd is reportedly planning to lay off 20% of its employees and raise up to $1.3bn of equity under a cost-saving plan prompted by the coronavirus pandemic. The move is expected to affect about 6,000 employees of the airline’s 29,000 strong workforce. Around half of the job cuts will be […]