https://arab.news/5yhzu
- Dubai-based carrier conducting review of 'costs and resourcing'
DUBAI: Emirates Airline said on Sunday that no announcement had been made on job cuts after a report said the group planned to make 30,000 people redundant.
An Emirates spokeswoman told Reuters that no public announcement has been made yet by the company regarding “redundancies at the airline,” but that the company is conducting a review of “costs and resourcing against business projections.”
“Any such decision will be communicated in an appropriate fashion. Like any responsible business would do, our executive team has directed all departments to conduct a thorough review of costs and resourcing against business projections,” the spokeswoman said.
The company was responding to a Bloomberg report quoting unnamed sources that said Emirates was planning to cut its work force by about 30 percent, or 30,000 people.
Airlines around the world have been severely hit by the coronavirus pandemic.
Emirates stopped regular passenger flights in March, but last week announce it would resume scheduled passenger flights to nine cities from May 21.
It will also offer connections from its hub in Dubai for travelers moving between the UK and Australia.
Emirates said earlier this month it would raise debt to help it through the pandemic.
The airline, one of the world’s biggest long-haul flight operators, reported a 21 percent rise in profit for its financial year that ended on March 31, but said the pandemic had hit its fourth quarter performance.
*With Reuters