KLM, the Dutch subsidiary of Air France-KLM, plans to slash up to 2,000 jobs and ask for government support as it cuts working hours by one-third for its entire staff amid the global coronavirus outbreak, the company said on Friday.
CEO Pieter Elbers said in a videotaped statement the company will cut 1,500-2,000 jobs and KLM will scrap 30% or more of all flights in the second quarter of 2020.
KLM has a workforce of 35,000.
Airlines around the world are grappling with the consequences of the coronavirus outbreak, with the International Air Transport Association (IATA) estimating global costs would exceed $100 billion.
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