Japan Airlines Corp. said Thursday it plans to eliminate 2,140 jobs at its main international unit to cut costs as the global recession dampens overseas travel demand.
Japan Airlines International Co. will cut 13 percent of its staff by the end of March 2011, reducing the unit's head count to 14,100 from 16,240 at the end of last month, spokesman Stephen Pearlman said. Some jobs will move to other parts of the company, while 1,640 will be eliminated, he said.
JAL is cutting its workforce and retiring its Boeing 747s after losing money in two of the past three years. It plans to cut labor costs by a further ¥10 billion after slashing ¥52 billion last fiscal year through workforce reductions and cuts in bonus payments and retirement benefits.
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