At Singapore Airlines – 4300 jobs will be lost

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The Singapore Airlines Group (SIA) is cutting 4,300 jobs due to the Corona crisis. In the 2020/21 financial year, the group will be able to offer less than 50 percent of its original capacity planned before the pandemic, the company announced. In addition, there are forecasts that passenger traffic will not return to the previous level until 2024. Measures such as a hiring freeze, vacancy not being filled, an early retirement program and a voluntary exit system would have made it possible to cut around 1900 jobs.

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