Air France Laying Off Around 2,500 People: Report

Air France Laying Off Around 2,500 People: Report
Zachary Stieber
Updated:

Air France-KLM, a French-Dutch airline company, will lay off at least 2,500 people to reduce costs, according to a French news outlet.

France24 cites Didier Fauverte, an Air France trade union leader, who said management told them that between 2,500 and 2,600 jobs will be cut. 

The company lost $215 million in the second quarter, it said last week, after losing about a $1 billion last year.

The new round of layoffs, which an Air France spokesman refused to confirm, are expected to happen in early 2014.

Zachary Stieber
Zachary Stieber
Senior Reporter
Zachary Stieber is a senior reporter for The Epoch Times based in Maryland. He covers U.S. and world news. Contact Zachary at [email protected]
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