LATAM Airlines to fire 'at least' 2,700 workers in Brazil

BRASILIA (Reuters) – LATAM Airlines (LTM.SN) will fire “at least” 2,700 workers in Brazil, including pilots, its Brazilian arm said on Saturday, as the bankrupt carrier struggles to cut costs and cope with an industry collapse due to the COVID-19 pandemic. In a statement, LATAM Brasil said it opened a voluntary redundancy process on Friday […]

LATAM Airlines set to fire at least 2,700 workers in Brazil: reports

BRASILIA (Reuters) – LATAM Airlines (LTM.SN) is poised to fire at least 2,700 workers in Brazil, including pilots, starting with a voluntary redundancy process slated to commence next week, O Globo and O Estado de S. Paulo newspapers reported on Saturday. The layoffs are the latest in efforts to downsize Latin America’s largest airline, and […]