KLM says 1,500 new layoffs bringing total job cuts to one in five

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Sat, 2020-08-01 02:24

AMSTERDAM: KLM, the Dutch arm of Air France-KLM, said on Friday that it would cut 1,500 additional jobs as part of a restructuring in which it needs to reduce emissions by 50 percent by 2030 as well as prepare for recovering traffic after the coronavirus crisis.
Parent company Air France-KLM on Thursday reported a €1.55 billion ($1.8 billion) operating loss for the second quarter, with traffic down 95 percent from a year earlier.

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