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Fri August 29, 2014
After Two Disasters, Malaysia Airlines To Cut 6,000 Jobs
Malaysia Airlines announced a restructuring plan Friday that includes cutting nearly one-third of its workers and paring back its global network.
The airline has been losing ground for years, but the economic picture worsened in 2014 after two of its planes crashed, in March and July. The airline’s reputation has suffered in the wake of the crashes, and stiff low-cost competition on domestic and regional routes has dragged down the company’s bottom line.
Here & Now’s Peter O’Dowd joins host Robin Young to discuss the company’s problems and whether these actions will be enough.
- Peter O’Dowd, assistant managing editor at Here & Now. He tweets @odowdpeter.