Qantas to implement further measures to mitigate staff coronavirus impact

    Qantas reported (17-Mar-2020) “Travel demand is unlikely to rebound for weeks or possibly months and the impact of this will be felt across the entire workforce of 30,000 people”. Qantas Group is working to manage this impact as much as possible, including through the use of paid and unpaid leave, in addition to measures already announced, including three months of no pay for the CEO and chairman, pay cuts for group executive management and board members, and cancelling of annual bonuses and an off market buy back.