Type
Internal restructuring
Country
Netherlands
Region
Location of affected unit(s)
Sector
Transportation / Storage
Land, Water And Air Transportation
Air Transport
51 - Air transport

5,000 jobs
Number of planned job losses
Job loss
Announcement Date
1 April 2003
Employment effect (start)
1 April 2003
Foreseen end date

Description

KLM is an international airline operating world-wide. Its home base is Amsterdam Schiphol Airport. Due to the crisis in the sector some 4,500 jobs have to be suppressed.

In September 2003, the merger with Air France will lead to 500 job suppression (there are no direct dismissals foreseen, only retirements and non replacements) above the 4,500 announced earlier.


Sources

  • 2 April 2003: De Volkskrant
  • 9 May 2003: Financial Times Deutschland
  • 1 April 2003: De Telegraaf
  • 30 September 2003: De Telegraaf

Citation

Eurofound (2003), KLM Royal Dutch Airlines, Internal restructuring in Netherlands, factsheet number 60080, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60080.