"According to sources at Japan Airlines, a company wide announcement will be made tomorrow regarding departments that were slated to be dissolved yesterday. Employees in departments likely to be highly affected by the restructuring are also expecting more details regarding their fates to be announced at the same time. While the entire restructuring plan is far from decided, JAL plans to cut 8,600 jobs, around 14% of it’s workforce. Today, Seiji Maehara, the new DPJ Minister for Land, Infrastructure, Transport and Tourism, said bankruptcy is not an option for JAL."

Read on...