Air Canada Cuts 400 Management Jobs
Air Canada has cut approximately 400 management jobs, representing about 1% of the airline's workforce, following a flight attendant strike in August that caused over 3,000 flight cancellations.
“Following an extensive review, we made the difficult decision to reduce some non-unionized management positions, affecting one per cent of our total staff,”
said spokeswoman Angela Mah. The cuts will not affect day-to-day operations at the country's biggest airline. The move comes after a three-day strike by over 10,000 flight attendants in August, which cost Air Canada $375-million and prompted the company to lower its adjusted earnings forecast for the year.
The labour dispute led to a significant financial impact, with Air Canada revising its adjusted earnings forecast for the year to $3 billion, down by approximately $375-million.
Author's summary: Air Canada cuts 400 management jobs after flight attendant strike.
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