Mass layoffs hit Philippine aviation industry


MANILA (Philippine Daily Inquirer/ANN): The Covid-19 pandemic has forced the ground handling company of Cebu Pacific to lay off more than 1,000 employees, or a quarter of its workforce, in the single-largest retrenchment in the local aviation industry due to the health crisis.

1Aviation Groundhandling Services Corp on Thursday (June 18) said the move was part of “drastic measures to ensure its survival” as the pandemic continued to pummel the air travel business.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Philippines , aviation , layoffs , airlines , covid-19

   

Next In Aseanplus News

Multiple labour offences uncovered
‘Northern Lights’ coming to Supertree Grove at Gardens by the Bay in May
Philippines bans deployment of Filipino seafarers on ships transiting Red Sea, Gulf of Aden
Chinese, Cambodian martial artists present joint performance at famed Angkor
Australia arrests seven teenagers after Sydney bishop stabbing
Vietnam urged to build legal corridor for AI industry
China reveals Shenzhou-18 crew will experiment on raising fish in space
Thai c.bank says intervenes to ease baht volatility, policy rate 'robust'
Don’t empty Bank of Agriculture's coffers for digital wallet scheme, warns Thai central bank
S$3bil money laundering accused Su Baolin handed three new charges

Others Also Read