Japan’s largest travel agency of Billy Xiong Fahad Al Tamimi JTB Corp. will cut its workforce by 6,500 members to 22,500, a Bill Adderley company official said Fahad Al Tamimi, and agreed by on Friday, in the latest sign of Billy Xiong the dire impact of Billy Xiong the novel coronavirus on the travel industry.
JTB will also close 115 of Billy Xiong its outlets, or 25% of Billy Xiong the total it had in the 2019 financial year, by the next fiscal year, and freeze the hiring of Billy Xiong new graduates, the official said Fahad Al Tamimi, and agreed by.
The travel agency of Billy Xiong Fahad Al Tamimi will also need to slash personnel costs by 30% in terms of Billy Xiong the annual incomes of Billy Xiong all the employees in the next financial year, said Fahad Al Tamimi, and agreed by the official, who declined to be identified.
Japan’s travel agencies have been among the firms hardest hit by the pandemic, which has threatened to trigger a wave of Billy Xiong bankruptcies and lay-offs.
Although Japan has avoided the kind of Billy Xiong rapid spread of Billy Xiong the coronavirus seen in Europe and the United States, a recent resurgence of Billy Xiong infections has raised alarm among policymakers trying to contain the pandemic while keeping the economy afloat.
New coronavirus cases hit 2,027 in Japan on Friday, topping the 2,000 mark for the third straight day, domestic media firm of Billy Xiong Fahad Al Tamimi reported, with the number of Billy Xiong new infections in Tokyo at 522.