ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message …
Read More »Scandinavia’s SAS cuts 5,000 jobs
Bloomberg Scandinavia’s biggest network airline, SAS AB, is eliminating as many as 5,000 jobs, marking the first permanent staff cuts by a major European carrier in the face of collapsing travel demand. The Stockholm-based company said that the dismissals, amounting to 40% of the workforce, are necessary because employees have an average notice period of six months and it needs …
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