Air France to cut 500 workers

A spokesman of the airline announced on Tuesday that the group plans to achieve the goal through a voluntary retirement scheme.

The airline, a subsidiary of Air France-KLM, has suffered a fall of international competition in recent years. The company has failed to compete with low-cost operators and the increase of airlines in the Middle East and Asia.

In January 2012, Air France-KLM presented a vast restructuring plan called “Transform 2015,” in which it set aside 471 million euros (USD 610 million) to cover costs related to cutting its workforce to increase productivity.

The plan targets 5,122 voluntary departures in 2013. This comeswhile last year around 3,300 staff members out of 100,000 voluntarily quit the airline group and most have not been replaced.

CAH/PR

Source Article from http://www.presstv.ir/detail/2013/05/14/303478/air-france-to-cut-500-workers/

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Air France to cut 500 workers

A spokesman of the airline announced on Tuesday that the group plans to achieve the goal through a voluntary retirement scheme.

The airline, a subsidiary of Air France-KLM, has suffered a fall of international competition in recent years. The company has failed to compete with low-cost operators and the increase of airlines in the Middle East and Asia.

In January 2012, Air France-KLM presented a vast restructuring plan called “Transform 2015,” in which it set aside 471 million euros (USD 610 million) to cover costs related to cutting its workforce to increase productivity.

The plan targets 5,122 voluntary departures in 2013. This comeswhile last year around 3,300 staff members out of 100,000 voluntarily quit the airline group and most have not been replaced.

CAH/PR

Source Article from http://www.presstv.ir/detail/2013/05/14/303478/air-france-to-cut-500-workers/

Views: 0

You can leave a response, or trackback from your own site.

Leave a Reply

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