Jobs will be cut from operations in Chile, Colombia, Ecuador, and Peru due to the coronavirus pandemic, says LATAM Airlines.
LATAM. A Boeing 787-9 Dreamliner of LATAM Airlines. Photo from Wikimedia Commons
SANTIAGO, Chile – LATAM Airlines said Friday, May 15, it would lay off 1,400 employees in South America, blaming a drastic slump in business due to the"Despite all the efforts we have made to take care of jobs, we are forced to make this difficult decision," said Roberto Alvo, executive director of the Chilean-Brazilian carrier.
"The effects of COVID-19 are profound and makes reducing the size of the LATAM group inevitable to protect its sustainability in the medium term," Alvo said in a statement.A merger of Chile's LAN and Brazil's TAM, the airline announced last month it was scaling back its operations by 95% in response to the global health crisis.
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