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Hong Kong's Cathay Pacific lays off 600

Associated Press logo Associated Press 22/05/2017

Hong Kong airline Cathay Pacific Airways says it's laying off nearly 600 staff as it faces rising competition from rival carriers and tough business conditions.

The airline said on Monday that it plans to axe about 190 managers, or a quarter of all the company's management jobs.

It's also getting rid of 400 workers in non-managerial roles.

Cathay said frontline workers, including pilots and cabin crew, would not be affected, but added that they "will also be asked to deliver greater efficiencies and productivity".

Hong Kong's biggest airline is making cuts after it reported a $US74 million ($A99 million) loss last year.

It was Cathay's first annual loss since 2008. The airline blamed the poor performance on intensifying competition and the slowing Chinese economy.

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