Kenya Airways (KQ) has begun implementing a two-phase program to reduce staff in a bid to cut costs.
Kenya Airways (KQ) has begun implementing a two-phase program to reduce staff in a bid to cut costs. A voluntary early retirement program began Aug. 1 and will be followed by redundancies. The airline has not specified how many staff it plans to shed. In June, KQ announced a 53% drop in profit for its fiscal year 2011/2012 (ATW Daily News, June 15). It said that “a large increase in headcount” during the financial year, combined with “significant annual staff ...
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