Israel's Flagship Airline El Al to Lay Off 200
The airline warns that the layoffs are only a 'first step' in cost-cutting move; El Al employs about 5,800 people, of whom 2,000 are temporary workers.
El Al plans to lay off some 200 employees who were hired on a temporary basis or on personal contracts, as the airline seeks to reduce costs and cope with growing competition.
Want to enjoy 'Zen' reading - with no ads and just the article? Subscribe today