Kuala Lumpur (AFP) – Troubled Malaysia Airlines on Monday laid out plans for an across-the-board “hard reset” of the way the carrier is run that will see around 6,000 jobs cut as it struggles to stay in business.The bullet-point blueprint, released by email, marks the first concrete move by new CEO Christoph Mueller, a German national who had previously initiated turnarounds at Ireland’s Aer Lingus and Belgium’s Sabena that earned him the nickname “The Terminator” for his job-slashing.The plan said the airline was to offer “at least 14,000 jobs” by Monday to the carrier’s roughly 20,000 existing employees. It did …read more
Source: Business Insider
