Emirates also extended 50% pay cuts on the remaining employees until September to preserve cash as the majority of the airline’s A380 and Boeing 777 fleet remains grounded.
A spokesperson from Emirates said, "given the significant impact that the pandemic has had on our business, we simply cannot sustain excess resources and have to right-size our workforce in line with our reduced operations.
“After reviewing all scenarios and options, we deeply regret that we have to let some of our people go.”
A big shock to the aviation world
The news of Emirates retrenching employees came as a huge shock in the airline industry given the airline's present profile as one of the biggest airlines in the world. This has brought fears of how serious this present coronavirus crisis is and how it is slowly decimating the global aviation industry due to countries closing their borders causing air travel demand to plummet.
If an airline as strong and big as Emirates was greatly affected, what more of smaller airlines.
Emirates continues to hire cabin crew year-round from different countries world wide. They currently have more or less 20,000 cabin crew on its roster.
Job cuts all over the aviation industry
Big airlines with a wide network are not immune to the effects of the coronavirus pandemic. Other airlines like Lufthansa, Air New Zealand, British Airways, and even AirAsia have downsized as an effect of the drop in air travel demand.
It is forecasted that it may take 2 to 3 years before demand may reach pre-covid levels.
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