KLM to axe up to 5,000 jobs amid Covid-19 turbulence for airlines

KLM

Dutch carrier KLM said it will cut between 4,500 and 5,000 jobs because of the coronavirus crisis.

The company said in a statement that in addition to 1,500 job losses, some 1,500 temporary contracts will not be renewed and 2,000 jobs will be suppressed via a voluntary departure scheme.