Air Zimbabwe fires more than a third of staff to stop it from going bankrupt
11 July 2017 - 13:44
Harare/Joburg — Air Zimbabwe is firing more than a third of its workforce to prevent the state-owned airline from going bankrupt. The airline had debts of about $330m, transport minister Joram Gumbo said in June. The carrier was also banned from operating in the EU in May on safety concerns even though it did not currently fly there. As many as 200 jobs, or more than a third of its workforce, would be cut, a person familiar with the situation said, asking not to be named as the information had not been made public.
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