Greg Foran

5 results

New Zealand’s national carrier, which employs 12,500 people, said the announced number of layoffs was a “conservative” assumption, and that it could rise if the domestic lockdown and border restrictions were extended. File photograph: Brendon O’Hagan/Bloomberg

Air New Zealand said on Tuesday nearly a third of its employees, about 3,500 people, will be laid off in the coming months, as it grapples with sever(...)

A Qantas Airways aircraft is docked at Sydney Airport in Sydney, Australia. Qantas is cutting almost all overseas flights and more than half its domestic schedule as the coronavirus outbreak paralyses travel worldwide. Photograph: Brendon Thorne/Bloomberg

Australia and Taiwan joined a growing list of countries offering financial aid to their ailing aviation sectors as global airlines announced deeper c(...)

Walmart is facing calls to shake up its executive pay, boardroom composition and approach to workplace sexual harassment at the US retailer’s annual meeting, expected to be gatecrashed by presidential candidate Bernie Sanders

Walmart is facing calls to shake up its executive pay, boardroom composition and approach to workplace sexual harassment at the US retailer’s annual m(...)

 A shopping cart with a discarded box from a big screen TV in the near empty parking lot of a Walmart in Secaucus, New Jersey

Wal-Mart has warned that higher wages as well as spending on e-commerce and lower prices would cut earnings per share as much as 12 per cent next fisc(...)

Staff benefiting from the new policy will from April earn at least $9 an hour, Walmart said. Photograph: EPA/MIKE NELSON

Walmart plans to spend $1 billion raising the pay for about 500,000 US staff this year as the world’s largest retailer by sales offered further signs (...)