KUALA LUMPUR — Malaysia Airlines, the country's loss-making flag carrier, will cut 30% of its workforce as part of a sweeping restructuring that will cost 6 billion ringgit ($1.90 billion), majority investor Khazanah Nasional said.
Visitors look out from viewing gallery as a Malaysia Airlines jet sits in the tarmac at the Kuala Lumpur International Airport in Sepang, Malaysia. MAS will cut 6,000 workers as part of an overhaul announced Friday to revive its damaged brand after being hit by double passenger jet disasters. (AP photo)
The carrier will slash its staff by 6,000 to 14,000 as it takes steps to stem long-running losses worsened by two aircraft disasters this year, the state fund said in a statement on Friday.
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