Published by Global Banking & Finance Review®
Posted on January 29, 2025
1 min readLast updated: January 27, 2026
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KLM plans to cut 250 office jobs to improve profitability by €450 million. This cost-cutting measure is crucial for the airline's future.
AMSTERDAM (Reuters) - Dutch airline KLM on Wednesday said it would scrap 250 office jobs in a push to cut costs and improve profitability.
The move is part of a plan announced in October to improve the profitability of the Dutch arm of Air France KLM by 450 million euros ($469 million) in the short term.
"It is crucial for our future to structurally lower costs. One of these measures is reducing the number of non-operational jobs," Chief Executive Marjan Rintel said in a statement.
Forced layoffs could not be excluded, Rintel added.
KLM had previously announced it would postpone the construction of a new headquarters and other new buildings, while other investments were reconsidered.
($1 = 0.9596 euros)
(Reporting by Bart Meijer; editing by Jason Neely)
KLM announced it would eliminate 250 office jobs as part of its cost-cutting measures.
The airline aims to improve profitability by 450 million euros ($469 million) in the short term.
CEO Marjan Rintel stated that it is crucial for the future to structurally lower costs, which includes reducing non-operational jobs.
Forced layoffs could not be excluded, according to CEO Marjan Rintel.
KLM has postponed the construction of a new headquarters and is reconsidering other investments.
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