15600 Employees Dismissed By Japan Airlines
Asia’s largest airline is expected to cut workforce by 30 percent over the next three years. Every third employee of Japan Airlines is expected to become redundant in the failing Japan Airlines over the next three years. Salaries and benefits will also be lowered and subsidiary JAL Hotels will be sold out, writes the Japanese news agency Kyodo.
The country’s newly appointed Finance Minister, Naoto Kan, last week said he expects the authorities in charge of the case will give financial aid to rescue the troubled airline.