Articles tagged “Air Zimbabwe”

Air Zimbabwe Will Lay Off About a Third of Its Workers

Air Zimbabwe Will Lay Off About a Third of Its Workers

Desmond Kumbuka and Godfrey Marawanyika, Bloomberg

State-backed Air Zim needs financial help to fly out of $330 million in debt. Layoffs appear to be a much-needed step to bring the carrier closer to securing outside funding and avoiding bankruptcy.

2 years ago