Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 279 Thu. March 10, 2005  
   
Business


Japan Airlines to cut 6,000 jobs


Asia's biggest airline Japan Airlines (JAL) plans to cut 6,000 jobs in the next two years under a new business revival plan, the Sankei Shimbun newspaper said Wednesday.

The company will also cut executives salaries by 20-35 percent, the newspaper said, without citing sources.

At the same time, JAL will appoint a new chief executive officer now that the current management has set the company on course for further corporate reorganization, the Nihon Keizai Shimbun business daily said.