Japan Airlines Layoffs Job Cut: may fire 1200 employees

The news is not good for the employees of the Japan Airlines Corporation, which is the leading airline company of Japan, as the organization may be going for job cuts. Now the situation is getting worse for the employees as the recession is taking a toll on all sectors and all of the sectors are feeling the heat. The latest on to add to the list is the Japan Airlines Organization, which may be going for layoffs.
How many employees may be fired in the Japan Airlines layoffs?
As per the reports, there can be around 1200 layoffs by Japan Airlines.

What is the total no. of employees of Japan Airlines?
The total no. of employees of Japan Airlines is reported to be around 49,200 globally. Plans are to reduce it to 48,000 which means that there can be more layoffs.

What will be the cost and savings by Japan Airlines layoffs?
Plans are to cut costs by around 50 billion yen or USD 512 million.

When will the Japan Airlines layoffs happen?
The layoffs are going to be done this fiscal year.

Which locations and department of employees will be affected by the Japan Airlines layoffs ?
No info available location or department wise.

What is the primary reasons for Japan Airlines layoffs?
Cost Reduction due to falling passenger traffic is the main reason of the layoffs.

Any other news about Japan Airlines layoffs
As per Bloomberg, Japan Air had a net loss of 63 billion yen in the year ended March 31 compared with a previous forecast for a 34 billion yen loss
Let's hope that alternative jobs are available to the affected employees of Japan Airlines Layoffs Job Cut