7-Sep-2009 8:57 AM
Air France to reduce workforce by up to 1,500, reorganising medium-haul business
Air France stated (04-Sep-2009) it has communicated with the Comité Central d'Entreprise (Workers' Council) at an extraordinary meeting its intention to implement a voluntary redundancy plan, in line with the majority agreement signed in Jul-2009. The timetable and terms of the plan, which could involve approximately 1,500 jobs, will be the subject of discussions as early as next week, with a view to presenting a project voluntary redundancy plan to the CCE on 21-Oct-2009. The job reductions will occur as the carrier adopts a strategy to reduce passenger capacity by approximately 5% and cargo capacity by approximately 15%, with the airline also preparing to reorganise its medium-haul business (in terms of both network and product) [more]