Spanish airline Iberia to lose 4500 jobs
London - AFP
Iberia is to shed 4,500 jobs in a bid to save Spain's biggest airline from collapse, parent group International Airlines Group announced on Friday. "A comprehensive plan to save Iberia after record losses and return it to profitability was announced today by International Airlines Group (IAG)," an official statement said. IAG announced a "reduction of 4,500 jobs to safeguard around 15,500 posts across the airline."
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