KLM to cut 500 jobs and reduce capacity
KLM, the Dutch flag carrier, said on Monday it would cut up to 500 jobs as it reduces capacity later this year in response to the slowdown in global air travel.
The airline said it would reduce the number of seats in this year’s winter schedule by 3 per cent, compared to the same period last year. The job losses among its 28,000-strong workforce would all be achieved by natural wastage, the airline said.
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