Air New Zealand To Cut 200 Jobs As Demand Drops
Friday, November 21, 2008 by Shrish Pandey
"National carrier Air New Zealand plans to cut up to 200 full-time jobs in response to falling passenger numbers, it said on Wednesday.
The company said it has been reducing capacity in line with falling demand and needed to reduce its work force accordingly. About half of the redundancies will hit long-haul cabin crew, with technical, planning and management jobs also to be cut.
It said it had tried to minimize the cuts by offering reduced hours, not replacing some jobs and freezing executive pay."
(Reuters)
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