You are here

MAS mulls 15-20% job cuts

Redundancies seen in airline's new business model that is being fine-tuned
Wednesday, August 13, 2014 - 06:00

[SINGAPORE] Malaysia Airlines (MAS), a state-owned carrier tottering on hefty losses and reeling from twin tragedies, could lay off 15-20 per cent of its plump workforce to slash cost as part of a deep restructuring to revive the ailing airline. The Business Times understands that the airline,