Nov 30 (Reuters) - Qantas Airways Ltd QAN.AX :
* TOLD AROUND 2000 EMPLOYEES IT WILL MOVE TO OUTSOURCE GROUND HANDLING OPERATIONS AT 10 AIRPORTS ACROSS AUSTRALIA
* NUMBER OF EXTERNAL BIDDERS FOR GROUND HANDLING OPERATIONS ABLE TO MEET ALL OBJECTIVES, INCLUDING CUTTING ANNUAL COSTS BY ABOUT $103 MILLION
* PREFERRED BIDDERS BEING NOTIFIED ON NOV 30; TRANSITION INTENDED TO OCCUR IN Q1 OF 2021
* TRANSPORT WORKERS UNION BID ON BEHALF OF EMPLOYEES, TEAMS FROM SOME INDIVIDUAL AIRPORTS SUBMITTED LOCAL PROPOSALS; BIDS DID NOT MEET OBJECTIVES
* OUTSOURING GROUND HANDLING OPERATIONS TO BRING JOB LOSSES SINCE COVID-19 TO 8,500 OF 29,000 PRE-COVID WORKFORCE Source: https:// Further company coverage: QAN.AX