Sunday, November 01, 2020

KLM 3.4bn bailout in crisis as unions refuse paycut plan

The Dutch government on Saturday suspended plans to help beleaguered national carrier KLM with a multi-billion-euro bailout package after unions declined to sign a deal involving a five-year pay-cut plan.

source https://techxplore.com/news/2020-11-klm-34bn-bailout-crisis-unions.html