Bain Capital to cut Virgin Australia jobs

Virgin Australia’s new owner is expected to cut routes and staff when they officially take control in August. Boston-based private equity firm Bain Capital is yet to reveal how many staff would be cut but said they planned to take the company back to a grassroots level. Bain Capital also said they would cut key routes which were not profitable for the airline. Image: AP

from National | Daily Telegraph https://ift.tt/2NC1ShR