Business News

Wednesday, 7 June 2017 | MYT 11:31 AM

Singapore Airlines CEO signals job cuts loom in business review

CANCUN (Mexico): Singapore Airlines, which reported its first quarterly loss in five years, has signalled that some jobs could get the axe as it undertakes a business review.

Its CEO Goh Choon Phong was quoted saying by Singapore Business Times on Wednesday that some jobs may become "irrelevant", while some workers may need new skills for different tasks.

However, Goh said it is too early to provide numbers. 

According to the news report, SIA had started the review process – covering the premium carrier's fleet and network – started more than six months ago. To help undertake the review, it hired external advisers for help.

He was quoted saying Singapore Air's was aware headcount reduction is possible under the process.

Goh was speaking to reporters on Tuesday at the AGM of the International Air Transport Association in Cancun, Mexico. 

Tags / Keywords: Airlines , Corporate News

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