KLM chief says more job cuts expected if COVID crisis persists
KLM will likely have to cut more jobs than the thousands of layoffs already announced due to the coronavirus pandemic, its CE Pieter Elbers said in a message to his staff. Elbers warned that COVID-19 will limit flights more extensively than the 20-25% drop it had anticipated for next year. “We now expect even lower production, which ultimately means we need fewer people”, Elbers said in his message. “Another 10% drop in production (so 30-35% down from 2019) would mean around another 1,500 jobs less.” KLM on Thursday submitted a restructuring plan to the Dutch state, a condition of the E3.4b package in aid it is receiving to avoid bankruptcy amid the COVID-19 pandemic. KLM said it would cut costs by 15%, as well as reduce carbon dioxide emissions by 50% by 2030. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2020-10-05/sky/klm-chief-says-more-job-cuts-expected-if-covid-crisis-persists
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KLM chief says more job cuts expected if COVID crisis persists
KLM will likely have to cut more jobs than the thousands of layoffs already announced due to the coronavirus pandemic, its CE Pieter Elbers said in a message to his staff. Elbers warned that COVID-19 will limit flights more extensively than the 20-25% drop it had anticipated for next year. “We now expect even lower production, which ultimately means we need fewer people”, Elbers said in his message. “Another 10% drop in production (so 30-35% down from 2019) would mean around another 1,500 jobs less.” KLM on Thursday submitted a restructuring plan to the Dutch state, a condition of the E3.4b package in aid it is receiving to avoid bankruptcy amid the COVID-19 pandemic. KLM said it would cut costs by 15%, as well as reduce carbon dioxide emissions by 50% by 2030. <br/>
