After years of expansion, Abu Dhabi-based Etihad Airways has announced that it is cutting jobs in order to reduce costs, Bloomberg reports.
"Etihad Airways is operating in an increasingly competitive landscape, against a backdrop of weakened global economic conditions," the airline said in a statement. "To ensure we remain agile and competitive in this environment, we constantly explore and pursue new ways of driving productivity and improving efficiency so that we can continue to deliver on our mandate and vision."
It is unclear how many jobs would be affected but the majority of those affected by the reduction are as a result of natural attrition, Reuters reported.
The job cuts come shortly after Etihad announced a new six-year codeshare agreement with Lufthansa from January 2017.
