MANILA, Philippines — Philippine Airlines (PAL) will cut 2,300 jobs in mid-March—the single-biggest manpower reduction in the local airline industry since the Covid-19 pandemic arrived in 2020, triggering the collapse of travel demand in the country and overseas.
Citing fewer flights and prevailing travel restrictions, the flag carrier said the cuts represented about 30 percent of its workforce and included both voluntary separation and retrenchment.
“This has been an extremely difficult and painful decision. For our colleagues who are leaving, rest assured that we are committed to support you through this transition,” PAL president Gilbert Santa Maria said in a statement on Tue…
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