ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Transportation

Cathay Pacific to cut 8,500 jobs and drop Dragon brand

Hong Kong carrier to take $284m charge, but outlook still 'highly uncertain'

A Cathay Pacific Airways aircraft takes off at Hong Kong International Airport. The 8,500 positions that will be cut account for about 24% of the company's total work force.   © Reuters

HONG KONG -- Cathay Pacific Airways on Wednesday said it will slash 8,500 jobs as part of a major restructuring to deal with ongoing woes brought on by the coronavirus pandemic.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more