Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > Dutch airline KLM scraps 250 office jobs in profitability drive
    Finance

    Dutch airline KLM scraps 250 office jobs in profitability drive

    Published by Global Banking & Finance Review®

    Posted on January 29, 2025

    1 min read

    Last updated: January 27, 2026

    The image showcases KLM office workers engaged in discussions about the recent decision to cut 250 jobs as part of a cost-reduction strategy to enhance profitability. This move, part of a larger financial plan, aims to save 450 million euros.
    KLM airline office with employees discussing job cuts in profitability drive - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:corporate strategyfinancial managementbusiness investment

    Quick Summary

    KLM plans to cut 250 office jobs to improve profitability by €450 million. This cost-cutting measure is crucial for the airline's future.

    KLM to Eliminate 250 Office Positions in Cost-Cutting Initiative

    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)

    Key Takeaways

    • •KLM to cut 250 office jobs to reduce costs.
    • •Part of a €450 million profitability plan.
    • •CEO Marjan Rintel emphasizes structural cost reduction.
    • •Forced layoffs may occur.
    • •Construction of new headquarters postponed.

    Frequently Asked Questions about Dutch airline KLM scraps 250 office jobs in profitability drive

    1How many jobs is KLM planning to cut?

    KLM announced it would eliminate 250 office jobs as part of its cost-cutting measures.

    2What is the financial goal of KLM's restructuring plan?

    The airline aims to improve profitability by 450 million euros ($469 million) in the short term.

    3What did KLM's CEO say about the job cuts?

    CEO Marjan Rintel stated that it is crucial for the future to structurally lower costs, which includes reducing non-operational jobs.

    4Are layoffs guaranteed in KLM's restructuring?

    Forced layoffs could not be excluded, according to CEO Marjan Rintel.

    5What other measures is KLM taking besides job cuts?

    KLM has postponed the construction of a new headquarters and is reconsidering other investments.

    More from Finance

    Explore more articles in the Finance category

    Image for French miner Eramet's finance chief steps aside temporarily, days after CEO ouster
    French miner Eramet's finance chief steps aside temporarily, days after CEO ouster
    Image for Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Image for Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    Image for Analysis-Hims' $49 weight-loss pill rattles investor case for cash-pay obesity market
    Analysis-Hims' $49 weight-loss pill rattles investor case for cash-pay obesity market
    Image for Analysis-Glencore to focus on short-term disposals as Rio deal remains elusive
    Analysis-Glencore to focus on short-term disposals as Rio deal remains elusive
    Image for Belgium's Agomab Therapeutics valued at $716 million as shares fall in Nasdaq debut
    Belgium's Agomab Therapeutics valued at $716 million as shares fall in Nasdaq debut
    Image for Big Tech's quarter in four charts: AI splurge and cloud growth
    Big Tech's quarter in four charts: AI splurge and cloud growth
    Image for EU hikes tariffs on Chinese ceramics to 79% to counter dumping 
    EU hikes tariffs on Chinese ceramics to 79% to counter dumping 
    Image for AI trade splinters as investors get more selective
    AI trade splinters as investors get more selective
    Image for EU extends tariff suspension on $109.8 billion of US imports for six months
    EU extends tariff suspension on $109.8 billion of US imports for six months
    Image for Dog food maker Ollie acquired by Spain’s Agrolimen
    Dog food maker Ollie acquired by Spain’s Agrolimen
    Image for Salzgitter to take over HKM steel joint venture, end clash with Thyssenkrupp
    Salzgitter to take over HKM steel joint venture, end clash with Thyssenkrupp
    View All Finance Posts
    Previous Finance PostChip stocks mixed with DeepSeek shock, earnings in focus
    Next Finance PostLondon bullion association launches digital database for gold bars