Iberia pushes ahead with 3,807 redundancies

Iberia Airbus A340-600 at Madrid. By Rob Finlayson Iberia will cut 3,807 jobs after it failed to reach an agreement with its unions on a scaled back restructuring plan. In November, Iberia detailed plans to cut 4,500 jobs—equivalent to nearly a quarter of the workforce—in a bid to stem heavy losses...

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