Irish Airline Ryanair cutting 3,000 jobs
International

Irish Airline Ryanair cutting 3,000 jobs

Ryanair DAC, an Irish budget airline founded in 1984, announced that the company will lay off 3,000 employees along with negotiations regarding pay cuts and unpaid leaves. Coronavirus pandemic reduced the number of passengers at the airline by more than 5 million. The majority of its airplanes were grounded from mid-March and the company expects to resume at-most 50% of its scheduled flights during the second quarter

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Mon May 18 - CNBC

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