Singapore Airlines Group said Thursday it will eliminate 4,300 jobs due to the “long road to recovery” for the global aviation industry battered by the coronavirus pandemic.
The group said in a statement it will cut the positions across Singapore Airlines, regional arm SilkAir and budget unit Scoot.
After taking into account a recruitment freeze, natural attrition and the take up of voluntary departure schemes, it said the actual number of laid off staff will be only about 2,400 in Singapore and overseas.
The group said it is in a vulnerable position compared to other airlines as it does not have a domestic market that would be the first to see a recovery. To remain viable, it said its airlines will operate a smaller fleet on a reduced network in the coming years.
