KLM's recent announcement outlines a comprehensive cost-cutting strategy, aiming for an operational profit boost of approximately 450 million euros through firm measures.
KLM's CEO Marjan Rintel emphasized that although the measures will be painful for employees, they are necessary to protect jobs and maintain services.
The airline plans to enhance labor productivity by at least five percent next year through automation and other efficiency strategies, as passenger traffic declines impacted profits.
KLM will be postponing all new investments, including significant projects like new headquarters, in order to streamline operations and focus on flight-related activities.
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