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Air France to announce job cuts under new restructuring plan

2015-10-05 09:50:12| Airlines - Topix.net

Air France-KLM is set to unveil details on Monday of a revamped restructuring plan which unions expect will lead to some 3,000 job losses. Four unions have called a strike to coincide with the expected launch of the plan due to be presented to the central company enterprise committee at 9:30 am .

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Air France could see job cuts, fewer long-haul flights: unions

2015-10-03 08:31:57| Airlines - Topix.net

Air France on Friday unveiled details of its alternative restructuring plan, including 2,900 job cuts, retiring 14 long-haul planes and reducing flights, union officials said. Air France-KLM's management on Thursday gave a green light to an alternative restructuring plan after negotiations with its pilots' union on a cost savings plan failed.

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Air France to announce 'significant' job cuts on Monday: CEO

2015-10-02 12:44:59| Airlines - Topix.net

"It will unfortunately be a significant job reduction plan ... We will discuss it with staff representatives on Monday," Alexandre de Juniac said. On Thursday the airline had warned it would be cutting back on its operations in the next two years in order to safeguard its future after talks with pilots over a restructuring plan failed.

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Jim Cramer Says Caterpillar's Announced Job Cuts 'Were Chilling'

2015-09-24 20:12:57| Industrial Machines - Topix.net

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Mitsubishi Motors preparing U.S. plant closure, job cuts: Nikkei

2015-09-19 08:46:58| Automakers - Topix.net

Japan's Mitsubishi Motors Corp has started preparing for the closure of its sole U.S. factory after failing to find a buyer for the high-cost auto plant, the Nikkei business daily reported on Saturday. The company will notify workers at the end of this month, the newspaper reported, without saying where it obtained the information.

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