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Hong Kong’s Cathay Pacific to cut 8,500 job posts

Cathay Pacific Airways says it will lay off 5,300 staff in Hong Kong, as well as 600 overseas employees under a global HK$2.2 billion (US$284 million) restructuring to cope with fallout from the coronavirus pandemic. Hong Kong’s flagship carrier will also axe its Regional airline brand, Cathay Dragon, according to a company announcement revealed on the morning of October 21, 2020.

21 Oct 2020 - 11:02AM