Japan Airlines to cut 16,500 jobs

Japan Airlines Corp plans to reduce its workforce by a third within the fiscal year to lower labor costs by 81.7 billion yen a year, the Nikkei business daily said. The restructuring proposal compiled by the carrier and the state-backed Enterprise Turnaround Initiative Corp of Japan suggests to cut 16,500 jobs. The proposed cuts include 5,405 workers from cargo and other peripheral operations, 2,460 flight attendants, 2,043 sales representatives and 775 pilots.

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