HK’s Cathay Pacific to slash 5,900 jobs; end Cathay Dragon brand

HK’s Cathay Pacific to slash 5,900 jobs; end Cathay Dragon brand

Photo: Cathay Pacific Twitter account.

Hong Kong’s Cathay Pacific Airways Ltd said on Wednesday it would slash 5,900 jobs and end its regional Cathay Dragon brand, joining peers in cutting costs as it grapples with a plunge in demand due to the coronavirus pandemic.