Bain Capital to cut Virgin Australia jobs
Virgin Australia’s new owner is expected to cut routes and staff when they officially take control in August. Boston-based private equity firm Bain Capital is yet to reveal how many staff would be cut but said they planned to take the company back to a grassroots level. Bain Capital also said they would cut key routes which were not profitable for the airline. Image: AP
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Virgin Australia’s new owner is expected to cut routes and staff when they officially take control in August. Boston-based private equity firm Bain Capital is yet to reveal how many staff would be cut but said they planned to take the company back to a grassroots level. Bain Capital also said they would cut key routes which were not profitable for the airline. Image: AP
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