Australia's Qantas to cut 90 senior management jobs
Australian airline Qantas said Wednesday it will cut 90 senior management positions and maintain a salary freeze due to "commercial challenges" posed by the global financial crisis.
Qantas chief executive Alan Joyce said the global slowdown was affecting the entire aviation industry and the airline was responding by removing "layers and layers of management".
"Starting today, we will be making some longer-term organisational changes to the management of the Qantas Group to develop a leaner, more fast-moving organisation," he said.
The job losses come on top of 1,500 positions Qantas announced it would scrap last July.
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