Skip to main content

Featured

Air Canada Restructures, Cuts 400 Management Jobs

                    Air Canada cuts about 400 management jobs, says decision not related to flight attendants strike. Air Canada has announced the elimination of roughly 400 management positions, representing about one per cent of its total workforce. The airline described the move as a “difficult decision” following an extensive internal review aimed at streamlining operations and improving efficiency. The cuts affect non-unionized management roles and, according to the company, will not impact day-to-day flight operations or customer service. Air Canada emphasized that it regularly evaluates its resources to ensure they are aligned with business needs and long-term growth plans. The announcement comes just weeks after the airline faced financial turbulence linked to a three-day strike by more than 10,000 flight attendants, which led to thousands of cancellations and significant losses. While Air Canada has stated the manag...
Post a Comment
Read more

article

Labels

US Job Cuts More Than Double in January, But Labor Market Remains Strong

 

US employers in the financial and technology sectors launched restructuring efforts in January, leading to a significant increase in job cut announcements. 

According to a report released on Thursday, announced layoffs reached 82,300, more than double the number in December. However, the labor market appears strong for workers despite recent job cuts, with the January jobs report showing the 37th consecutive month of job gains and a small uptick in the unemployment rate.

Labels:

Comments

Post a Comment