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SAS AB Plans to Cut Jobs-Reuters

Monday, 12 Nov 2012 03:30am EST 

Reuters reported that SAS AB is to cut jobs. The Company's staff is to fall to approximately 9,000 from 15,000 as result of new plan and divestments. Cabin personnel of the Company will also see salary cuts of 12% on average. The Chief Executive Officer of the Company announced that new collective agreements with unions must be completed by November 18, 2012. 

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