Cathay Pacific has said 5,300 Hong Kong-based and 600 overseas employees will be made redundant in its biggest jobs cut ever, while Cathay Dragon will cease operations with immediate effect. The moves are part of a global HK$2.2 billion restructuring to cope with the Covid-19 pandemic fallout. Photo: AFP
Cathay Pacific has said 5,300 Hong Kong-based and 600 overseas employees will be made redundant in its biggest jobs cut ever, while Cathay Dragon will cease operations with immediate effect. The moves are part of a global HK$2.2 billion restructuring to cope with the Covid-19 pandemic fallout. Photo: AFP