Qantas Set To Cut Around 400 Jobs

Qantas is set to cut jobs before Christmas as it embarks on its latest cost-cutting drive. The move comes as the Qantas share price trades at record highs. But the airline sees turbulence on the horizon and wants to put itself in the best possible position to grow and meet earnings targets. Exactly how many jobs are set to go is unknown. An unnamed “Qantas source” quoted in a report in The Financial Review says around 400 jobs would go. But Qantas said job losses would not be that high. A… (simpleflying.com) More...