PPRuNe Forums - View Single Post - Virgin Australia : 315 Million Loss - How long can they survive?
Old 28th Aug 2019, 03:25
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dr dre
 
Join Date: Jun 2011
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I’ve seen this happen from time to time. Management make a big announcement about large job cuts as a way of “tightening their belts” because investors like to see companies cut costs. But after the layoffs those jobs slowly come back, except with new names and reduced conditions, and eventually the top heavy layers of office dwellers reappear.
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