Virgin Atlantic announces plans to cut more than 3,000 jobs
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manchestereveningnews.co.ukVirgin Atlantic has announced plans to cut 3,150 jobs at the airline. The airline said uncertainty over when flying will resume and “unprecedented market conditions” due to the coronavirus pandemic had “severely reduced revenues”.
Virgin Atlantic chief executive Shai Weiss said: “We have weathered many storms since our first flight 36 years ago, but none has been as devastating as Covid-19 and the associated loss of life and livelihood for so many. “However, to safeguard our future and emerge a sustainably profitable business, now is the time for further action to reduce our costs, preserve cash and to protect as many jobs as possible. “It is crucial that we return to profitability in 2021. “I wish it was not the case, but we will have
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