CLEAN : Struggling Australian carrier Qantas to ax

The video discusses the challenges faced by Qantas due to increased airline capacity in Australia, which has grown significantly compared to global rates. As a result, Qantas announces a reduction of 5000 full-time staff over three years, including previously announced cuts. The company plans to manage this through various reductions and strategic adjustments, such as asset management and adopting new technologies to modernize work practices.

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