Air France to slash thousands of jobs

Air France to slash thousands of jobs

France 24

An Air France plane is seen on the tarmac at Nice International airport in Nice July 31, 2013. REUTERS/Eric Gaillard

Air France-KLM might cut between 2,500 and 2,600 jobs in a bid to reduce costs, according to an Air France trade union leader.

The Franco-Dutch airline has posted losses in the second quarter as its medium-haul and cargo operations continued to suffer from the weak economy, and hopes to strengthen its position by paying down debt and reducing staff costs.

“Management told us 2,500 to 2,600 jobs will be cut,” Didier Fauverte, leader of the Air France CGT trade union, said Wednesday after a company meeting.

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