Air Canada Cuts 400 Management Jobs
Air Canada has cut approximately 400 management jobs, representing about 1% of the airline's workforce.
This decision comes two months after a flight attendant strike in August, which shut down Air Canada operations and 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.
The cuts will not affect day-to-day operations at the country's biggest airline, according to spokeswoman Angela Mah.
- The strike by over 10,000 flight attendants in August cost Air Canada $375-million.
- The company has lowered its adjusted earnings forecast for the year by about $375-million to $3 billion.
Author's summary: Air Canada cuts 400 management jobs after a costly flight attendant strike.
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