Polish LOT Plans Mass Lay-Offs

Published: February 14, 2013; 22:58 · (Vindobona)

In order to prevent a bankruptcy, the financially stricken airline has to downsize radically, Prime Minister Tusk says.

Polish LOT Plans Mass Lay-Offs / Picture: © Flickr

According to insiders, LOT Polish Airlines will be downsized by more than the half of its current size. Without mass lay-offs and radical restructuring measures, LOT will not overcome the crisis, Poland´s Prime Minister Donald Tusk says. “Unfortunately, I have to say that openly. Without a considerable reduction of the workforce, the airline will not survive.” Tusk emphasized that…

This article includes a total of 226 words.

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