Business

Dutch KLM Group to Cut 4,500-5,000 Jobs Due to Pandemic

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KLM airline airplanes are seen parked, as Schiphol Airport reduces its flights due to the CCP virus disease (COVID-19) outbreak, in Amsterdam, Netherlands, on April 2, 2020. (Piroschka van de Wouw/Reuters)

AMSTELVEEN, The Netherlands—Dutch carrier KLM said Friday it will cut between 4,500 and 5,000 jobs because of the coronavirus crisis.

The company said in a statement that in addition to 1,500 job losses, some 1,500 temporary contracts wont be renewed and 2,000 jobs will be suppressed via a voluntary departure scheme. The group also expects “natural attrition through retirement” to help cut an extra 500 jobs.

KLM said it does noRead More – Source