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 at the carrier. At the time it set a Jan. 31 deadline to reach an agreement with its unions, threatening deeper cuts and a more radical restructuring if the talks failed. (atwonline.com) More...
