Cathay Pacific will cut jobs and consider moving some flights to its short-haul arm following a major review of its operations.
In a document sent to the Hong Kong carrier’s 33,700 employees, seen by Reuters, it said it would review the whole business but gave no further details on how many jobs would be lost.
"We aim to build a faster, leaner and simpler organizational structure ... There will be a big change in the way we do things across the company," it said in the document.
"In terms of specific job functions, some jobs will no longer be needed, some will be redefined, while other new jobs will need to be created.”
Cathay Pacific has also welcomed the commitment made by the Hong Kong government to grow its role as the region’s “super connector”. It has supported the government’s initiative to strengthen the Hong Kong hub through the development of new air services.
“In March, Cathay Pacific will commence operations to Israel and we hope the Government will continue to seek to discuss Air Services Agreements with other countries along the Initiative’s routes.”
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