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KLM to shed 7,500 jobs

28 Oct 2014 12:00 AM | Anonymous

According to a Dutch paper, KLM, plans to reduce its workforce by 7,500 jobs (25%) largely through outsourcing.

The report goes on to say that the Dutch arm of Air France is expected to announce this at the release of the quarterly earnings and hopes it will help it to cut 4.4 billion euros (3.4 billion pounds) in outstanding debt by reducing costs.

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