GOL to cut 2,500 workers

GOL 737-800. By Rob Finlayson Brazil’s GOL said it will lay off an estimated 2,500 employees through the end of the year, stepping up cost-cutting efforts. In addition, new vacancies will be frozen and employees departing through attrition will not be replaced.  Reasons given by GOL in a statement include “the new reality of the market” and the need to maintain “the sustainability of operations.” The staff downsizing follows last week’s ...