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Latam: 1200 layoffs in Brazil from next week

Move made mandatory by the budget increasingly in red

The Chilean holding LATAM, one of the largest air groups in the world, will fire about 1200 employees in Brazil to reduce costs and replace them with workers hired through an external service company. This is reported by "O Estado de Sao Paulo" and the LATAM employee union confirmed the news by stating on its website that layoffs will start next week.LATAM has undergone a major crisis in recent years...

M/A - 1213821

AVIONEWS - World Aeronautical Press Agency
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