The airline expects more than 3,500 “natural outings,” through wear and tear, that will help offset job cuts. Air France will cut 6,560 jobs by the end of 2022. Its subsidiary HOP !, a French regional operator, will cut 1,020 jobs in the next three years, nearly halving its workforce. …
Read More »Cirque du Soleil files for bankruptcy and cuts 3,500 jobs
In a Monday announcement, the Montreal-based company blamed its bankruptcy on the “immense disruption and forced closure of shows as a result of the Covid-19 pandemic” and aims to restructure its debt with the help of the Canadian government. and private equity firms. The presentation comes three months after he …
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