Philippine Airlines begins major job-cutting program

Philippine Airlines on Thursday kicked off a major job-cutting program that could slash its workforce by more than a third, employees briefed on the matter said. The drastic move reflects the deepening impact of the coronavirus pandemic and related travel restrictions on airlines across Asia. In the first phase of the program the airline will seek voluntary resignations, while the second stage will involve compulsory terminations, airline officials told staff during virtual townhall meetings on Thursday. The program is expected to run through early December. Philippine Airlines and its budget affiliate employ around 7,800 workers. Staff were informed in early September that the airline was considering a 21% to 38% reduction of its workforce. The company is aiming to cut around 35% of jobs across all departments, according to the employees who spoke on condition of anonymity as well as materials from the meetings seen by Nikkei. A Philippine Airlines spokesperson was not immediately available for comment. Airline officials stressed during the townhall meetings that the program was necessary for the company's survival and that it might take a few years for business to recover.<br/>