Toronto Pearson Airport cutting 500 jobs due to reduced travel demand amid COVID-19 pandemic
Canada's busiest airport is cutting approximately 500 jobs because of a significant drop in air traffic due to the COVID-19 pandemic.
The Greater Toronto Airports Authority (GTAA) said passenger numbers in April of this year were reduced by 97 per cent compared to the same period of 2019.
The reduction of jobs will come through the elimination of about 200 unfilled positions, combined with voluntary departures and layoffs totally about 300 employees.
The reductions come into effect beginning on Monday, with job losses extending through fall 2020.