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Stock impact report

Australia's Qantas told to pay $114,000 to 3 sacked workers in landmark outsourcing case [Yahoo! Finance]

QANTAS AIR LTD S/ADR NEW (QABSY) 
NASDAQ:AMEX Investor Relations: qantas.com/travel/airlines/investors/global/en
Company Research Source: Yahoo! Finance
The carrier must use those payouts as "test cases" as it negotiates with a union on a total damages bill for all of the former ground workers. Qantas had claimed the sackings were warranted as a cost-cutting measure during the COVID-19 pandemic and fought the industrial lawsuit all the way to the High Court. Lee said he found if Qantas had not illegally outsourced its ground handling operations in 2020, it would have done so lawfully in 2021 to help save about A$100 million a year. Though the ruling did not give a final payout figure, it sets the tone for the last major legal battle for the airline as it tries to recover from a reputational horror stretch in relation to its actions during and immediately after pandemic restrictions from 2020 to 2022. The airline said it May it would pay A$120 million to settle a regulator lawsuit accusing it of selling tickets on already cancelled flights in the months after Australia's international border reopened. It was also accused of pres Show less Read more
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