Cathay Pacific cuts 600 jobs

Posted online May 22, 2017 | 11:31 am

Hong Kong's flagship carrier Cathay Pacific is slashing nearly 600 jobs.

The move is part of the company's largest restructuring effort in two decades.

The company posted a net loss of $74 million in 2016, the only time the company posted a full-year loss in its 70-year history.

Read more from BBC News.

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