Brazil’s GOL said it will lay off an estimated 2,500 employees through the end of the year, stepping up cost-cutting efforts.
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 ...
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