Air France-KLM – To cut 7,500 jobs

The Dutch arm of Air France-KLM (AIRF.PA) plans to cut its workforce by 7,500 jobs, or 25 percent, largely through outsourcing, a Dutch daily newspaper reported on Tuesday.

The measure is expected to be announced at the release of quarterly earnings by the French-Dutch carrier on Wednesday, the Algemeen Dagblad said, citing the head of the trade union for airline personnel in the Netherlands, De Unie.

via Dutch arm of Air France-KLM to shed 7,500 jobs: report | Reuters.