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Market Chatter: Air Canada Cutting 400 Jobs
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Market Chatter: Air Canada Cutting 400 Jobs
Oct 24, 2025 12:23 PM

02:52 PM EDT, 10/24/2025 (MT Newswires) -- Air Canada ( ACDVF ) is cutting some non-union management positions, multiple Canadian news outlets are reporting Friday.

According to a statement to CBC News, the airline is cutting some positions after an extensive review and is cutting 1% of its total staff; about 400 people.

News of the planned job cuts first broke yesterday, the same day Air Canada ( ACDVF ) announced it would expand service from Toronto's Billy Bishop airport, CBC noted.

Air Canada ( ACDVF ) shares are up $0.02, to $18.36, on the Toronto Stock Exchange.

(Market Chatter news is derived from conversations with market professionals globally, and/or from other media sources. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 18.38, Change: +0.04, Percent Change: +0.22

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