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    Qantas reveals wage freeze and more job losses

    The post Qantas reveals wage freeze and more job losses appeared first on TD (Travel Daily Media) Travel Daily. Qantas has announced it will introduce a two-year wage freeze on all new enterprise agreements across the Qantas Group, as it seeks to reduce its annual costs by AUD1 billion by FY23. Meanwhile, Virgin Australia has provided a market update of its own, announcing new routes, increased frequencies and a hiring spree. In a trading update, the flag carrier said that its next round of enterprise agreements will include the two-year wage freeze, and stipulate a 2 % annual increase thereafter, down from 3 % before the COVID-19 pandemic. The new…