Cathay Pacific Airways flight attendants and check-in staff talk at the company's check-in counters at Hong Kong International Airport on Monday. (EPA photo)HONG KONG - Cathay Pacific Airways said on Monday it is laying off nearly 600 staff at its headquarters as it faces rising competition from rival carriers and tough business conditions. The airline said it plans to axe about 190 managers, or a quarter of all the company's management jobs. Chief executive officer Rupert Hogg said in a statement the company had to make "tough but necessary decisions for the future of our business". The airline, which employs 16,500 workers in Hong Kong, said most of the layoffs will be completed by the year's end.

Source: Bangkok Post May 22, 2017 11:15 UTC