Australia's Qantas Airways to cut 850 jobs

Reuters Australian airline Qantas said Tuesday it will cut 850 jobs as it shifts some corporate functions to India and accelerates the use of artificial intelligence. The nation's largest airline said it had inked a deal with consulting firm Accenture to overhaul "back-end systems", with an unspecified number of roles to be taken over by "teams in India". "We know this will be difficult news for some of our people and this decision is not a reflection of their contribution or commitment," said chief executive Vanessa Hudson. Around 850 jobs would be cut, beginning in the middle of 2027. Artificial intelligence was poised to fundamentally reshape the airline business around the world, Hudson said. Live Events "The scale and speed of change in this space is unprecedented and unlike anything businesses have seen in generations. "Leading organisations around the world are well progressed in using technology and AI to completely transform how they work, and standing still is not an option for us." Qantas, meanwhile, said it was about to embark on the "largest fleet renewal in its history". Qantas Group added 17 new aircraft during the past financial year, and expected up to 31 more to arrive in the year ahead, according to financial results earlier this year. That investment would allow Qantas to start retiring its double-decker A380 fleet from 2028. Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our Economic Times WhatsApp channel ) Read More News on Qantas Airways job cuts artificial intelligence in airlines Accenture partnership corporate functions outsourcing fleet renewal A380 retirement AI transformation Australian airline industry (Catch all the Business News , Breaking News and Latest News Updates on The Economic Times .) Subscribe to The Economic Times Prime and read the ET ePaper online. ... more less (You can now subscribe to our Economic Times WhatsApp channel ) Read More News on Qantas Airways job cuts artificial intelligence in airlines Accenture partnership corporate functions outsourcing fleet renewal A380 retirement AI transformation Australian airline industry (Catch all the Business News , Breaking News and Latest News Updates on The Economic Times .) Subscribe to The Economic Times Prime and read the ET ePaper online. ... more less