Due to the COVID-19 outbreak, Cebu Pacific Air, the Philippines' largest airline, has

confirmed that job cuts or what they call "rightsizing". On the report of Philippine Daily
Inquirer, layoffs and voluntary separation affect about 30 percent of the carrier’s 4,000
employees. Cebu Pacific director for communications, Charo Logarta Lagamon, said “The
rightsizing of Cebu Pacific will be necessary to fulfill our commitment to provide affordable,
accessible, and available air travel and air transport services to every Juan in the years to
come.” As Cebu Pacific spokesperson has confirmed the job cuts, the said rightsizing is part of
the airline's transformation process to secure the long-term sustainability of the business, given
the expected changes in travel demand and consumer behavior. As the COVID-19 continues to
spread, airline experienced a net loss of nearly 1.8 billion pesos in the first quarter of 2020 and posted a
net loss of P22.2 billion in year 2020. In a report to the stock exchange that its revenues in 2020 were 73
percent lower than in 2019. It is a hard decision for the largest budget airline to let go the newly hired
cabin crew but because of their loss, it forced them to lay off the newly hired cabin crew and other
employees from different departments.

Camus, M. R. (2020, June 24). Cebu Pacific cuts more jobs. INQUIRER.Net.

https://newsinfo.inquirer.net/1296444/cebu-pacific-cuts-more-jobs\

ABS-CBN News. (2021, March 30). Cebu Pacific posts P22.2 billion net loss in 2020 due to

'severe' pandemic impact. https://news.abs-cbn.com/business/03/30/21/cebu-pacific-

posts-p222-billion-net-loss-in-2020-due-to-severe-pandemic-impact