Qantas news: Qantas to outsource 850 local jobs with most roles moving to India
The Australian firm's CEO Vanessa Hudson stated "this is hard news for some and I'm sorry for the uncertainty it brings" in an internal email to staff on Tuesday. Qantas spends more than AU$1bn (US$691m; £514m) a year on technology, she noted, and the business's…
In this article
In the latest Qantas news update, the Australian firm's CEO Vanessa Hudson stated "this is hard news for some and I'm sorry for the uncertainty it brings" in an internal email to staff on Tuesday. Qantas spends more than AU$1bn (US$691m; £514m) a year on technology, she noted, and the business's back-end systems needed to be upgraded.
What happened: Qantas news
The move comes days following the airline provided a market update, flagging fare grows and flight cuts against a backdrop of higher fuel costs. Hudson stated it was roughly "modernising" the airline's IT systems to become "more efficient" on its new multi-year deal with Accenture. Qantas - which employs roughly 28,000 staff in Australia and another 4,000 globally - stated thousands of its staff already use AI in their daily work.
Why traders are watching Qantas news
News that changes the outlook for growth, inflation or interest rates can move currencies, bonds, commodities and stocks. Traders weigh each headline for what it means for central-bank policy and risk appetite.
Unexpected developments often lead to higher volatility, so position sizing and risk management become especially important around breaking news.
Market reaction and data
Crypto prices at the time of writing, from Binance spot data (2026-11-10 01:45 UTC):
| Asset | Last price (USDT) | 24h change | 24h high | 24h low |
|---|---|---|---|---|
| Bitcoin (BTC) | 75,020.00 | -0.26% | 75,599.22 | 73,750.00 |
| Ethereum (ETH) | 2,125.27 | -0.91% | 2,160.50 | 2,083.10 |
On the currency side, the latest ECB daily reference rates (2026-11-09) show USD/CAD 1.4103. These are reference fixes, not live quotes.
What to watch next for Qantas news
Traders will look for follow-up statements, official data and the reaction in major currency pairs, gold and stock indices.
Key scheduled releases on the economic calendar:
- USD Core CPI m/m on Tue Nov 10, 13:30 UTC, forecast 0.2%, previous 0.3%
- USD CPI m/m on Tue Nov 10, 13:30 UTC, forecast 0.3%, previous 0.6%
- GBP GDP m/m on Thu Nov 12, 07:00 UTC, forecast 0.0%, previous 0.1%
- USD Core PPI m/m on Fri Nov 13, 13:30 UTC, forecast 0.3%, previous 0.7%
- USD PPI m/m on Fri Nov 13, 13:30 UTC, forecast 0.4%, previous 1.3%
Follow every update in our Top 10 Breaking Market News, read SoftBank Group shares spike 11% as Asian tech shares rally following Wall Street rebounds or see all of today's top market news.
FAQ
What is the latest Qantas news news?
The Australian firm's CEO Vanessa Hudson stated "this is hard news for some and I'm sorry for the uncertainty it brings" in an internal email to staff on Tuesday.
How should traders react to breaking news?
Wait for confirmation from reliable sources, watch how prices react around key levels and manage risk carefully, as spreads and volatility can rise sharply.
Where does this information come from?
This report is based on coverage from BBC Business, checked against market data where available. It is a summary for information only and not investment advice.
Risk warning: This article is for information only and is not investment advice. Trading forex, CFDs, stocks and crypto carries a high risk of losing money. Prices move fast – check live quotes before you trade.
