Etihad Airways cuts jobs in growth plan U-turn

Etihad Airways will eliminate jobs across several units, highlighting the pressure on carriers in the Persian Gulf to adapt to slowing growth after years of aggressive expansion.

The Abu Dhabi-based company is undertaking “organisational reviews and restructuring” to “reduce costs and improve productivity and revenue,” an Etihad spokesman said.

This will result in “a measured reduction of headcount” in some parts of the business amid an “increasingly competitive landscape” and a weaker global economy, he said.