Air Canada has cut approximately 400 management jobs, representing about 1% of the airline's workforce, following a flight attendant strike in August.
The strike, which involved over 10,000 flight attendants, resulted in more than 3,000 flight cancellations and cost the airline $375 million, prompting a revision of its adjusted earnings forecast for the year to $3 billion.
Following an extensive review, we made the difficult decision to reduce some non-unionized management positions, affecting one per cent of our total staff - Angela Mah, Air Canada spokeswoman
The job cuts will not affect day-to-day operations at the airline, according to Mah.
Author's summary: Air Canada cuts 400 management jobs due to financial losses from a flight attendant strike.