"CPH is contemplating cutting 650 full-time positions from the company's current approximate total of 2,600," it said and added discussions with union representatives would be held in the coming weeks to decide on the expected redundancies.
KLM said it does not expect demand to fully recover before 2023 or 2024 and said further staff reductions are possible “given the high level of uncertainty."
The continuing wave of job cuts is occurring against the backdrop of a spike in virus cases that has led many states to halt plans to reopen businesses and has caused millions of consumers to delay any return to travelling, shopping and other normal economic activity.
Swiggy in May had laid off 1,100 employees across grades and functions in cities and head office as part of its exercise to realign resources to create capacity in higher potential areas with the optimism of the business attaining pre-COVID levels in the near-term.
This COVID-19 pandemic has forced us to re-evaluate our best laid plans, IndiGo Airlines CEO Ronojoy Dutta said.
Hiring did rebound in May as 2.5 million jobs were added on net, the government said in a separate report on Friday. But those gains appeared to reflect temporarily laid-off employees returning to work and increases in people with part-time jobs, rather than an economy at full throttle.
Some 4,500 jobs would go in France, though largely through a voluntary departure plan and a retirement scheme, the CFDT's Franck Daout told Reuters on Thursday.
The layoffs come two days after rival Zomato let go of around 500 people.
COVID-19 and the lockdown have hit the business severely and there is a need to redefine business strategy, CEO Deepinder Goyal has said.
Realty major DLF cut its employee strength by 1100 or 30 percent in 2012-13 after outsourcing its construction and facility management activities.
Within a month of the crippling strike at Maruti Suzuki's Manesar plant, Society of Indian Automobile Manufacturers today favoured reforms in India's labour laws to allow lay-offs of employees during a slowdown, but with adequate unemployment benefits.