India, Nov. 6 -- Dutch airline KLM has announced plans to reduce its workforce by almost another 15% as part of a major restructuring exercise aimed at improving profitability. The airline said approximately 5,000 positions have been or will be reorganised, with some activities being outsourced to external partners and others transferred to its parent group, Air France-KLM.

Announcing the measures on November 5, KLM President and CEO Marjan Rintel said the airline was taking difficult decisions to secure its future. Rintel said global instability and rising fuel prices had forced the airline to take these "painful" measures.

"Every day, we all work with incredible dedication, commitment, and pride. But KLM's future is not guaranteed," R...