LATAM Airlines is poised to fireside not less than 2,700 employees in Brazil, together with pilots, beginning with a voluntary redundancy course of slated to start subsequent week, O Globo and O Estado de S. Paulo newspapers reported on Saturday.
- Last Updated: August 1, 2020, 8:18 PM IST
BRASILIA LATAM Airlines is poised to fireside not less than 2,700 employees in Brazil, together with pilots, beginning with a voluntary redundancy course of slated to start subsequent week, O Globo and O Estado de S. Paulo newspapers reported on Saturday.
The layoffs are the newest in efforts to downsize Latin America’s largest airline, and comply with failure of the corporate and its Brazil unions to succeed in settlement on a short lived discount in hours and wages.
Before the novel coronavirus disaster, the airline had 43,000 employees worldwide, with most of them in Brazil and Chile.
LATAM Brasil didn’t instantly reply to a request for remark.
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LATAM is in search of to restructure $18 billion in debt. When it filed for U.S. chapter safety in May, it was the world’s largest airline up to now to hunt an emergency reorganization because of the COVID-19 pandemic.
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