Cathay Pacific cuts 8,500 jobs and shutters regional airline due to COVID-19 pandemic
A major Hong Kong airline has announced its plan to cut 8,500 jobs and shutter a regional carrier as it grapples with the plunge in air travel due to the pandemic. About 5,300 employees based in Hong Kong and another 600 elsewhere will likely lose their jobs, Cathay Pacific Airways said Wednesday. The cuts, including an … Read more