Virgin Atlantic moves to cut 600 jobs

Virgin Atlantic Airways confirmed that it has commenced consultation with staff and union representatives about the possibility of cutting 600 jobs from its workforce numbering approximately 8,500, saying it is seeking to avoid layoffs but cannot rule them out. "No airline is immune from the recession and we continue to reshape our business to ensure we're in the best position for the longer term," CEO Steve Ridgway said. "With falling demand for travel, airlines have to reduce their costs ...