Japan Airline to cut 6800 jobs.
After losing more than 1 billion dollars in the April – June quarter, Japan Airlines will slash 6800 jobs and pursue a tie-up with a foreign carrier in a bid to return to profit in the face of severe turbulence unleashed by the global recession. The job cuts, which will shrink JAL’s workforce by 14 percent, are part of an emergency restructuring plan being prepared by Asia’s largest carrier, which is seeking financial aid from the government.
Total losses = 6800
Wikipedia: Japan Airlines (JAL)
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