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Thai Airways announces staff cuts in desperate bid to avoid bankruptcy Sharon Marris, news reporter Thai Airways says it has cut around 240 executive positions as part of its bankruptcy restructuring process. © Reuters Thai Airways has been in trouble since 2012 but the pandemic has made its situation worse The airline said: "The number of executive positions has been reduced from 740 to about 500", also confirming that the number of supervisory levels would go from eight to ...