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.
The strike, which involved over 10,000 flight attendants, resulted in more than 3,000 flight cancellations and cost the airline $375 million.
Following an extensive review, we made the difficult decision to reduce some non-unionized management positions, affecting one per cent of our total staff.
According to spokeswoman Angela Mah, the cuts will not affect day-to-day operations at the country's biggest airline.
- 400 management jobs cut, representing 1% of the workforce
- Strike in August caused over 3,000 flight cancellations
- Labour dispute cost Air Canada $375 million
The move has prompted Air Canada to lower its adjusted earnings forecast for the year by about $375 million to $3 billion.
Author's summary: Air Canada cuts 400 management jobs after flight attendant strike.