Air France Laying Off Around 2,500 People: Report

Air France Laying Off Around 2,500 People: Report
Zachary Stieber
7/31/2013
Updated:
7/18/2015

Air France-KLM, a French-Dutch airline company, will lay off at least 2,500 people to reduce costs, according to a French news outlet.

France24 cites Didier Fauverte, an Air France trade union leader, who said management told them that between 2,500 and 2,600 jobs will be cut. 

The company lost $215 million in the second quarter, it said last week, after losing about a $1 billion last year.

The new round of layoffs, which an Air France spokesman refused to confirm, are expected to happen in early 2014.