Brazil's TAM says to cut domestic operations by 8-10 pct
SAO PAULO, July 20 (Reuters) - Brazilian airline TAM, the local unit of Latam Airlines Group SA, said on Monday it decided to gradually reduce its domestic operations by 8 to 10 percent due to a challenging economic scenario.
It also said in a securities filing that the changes will likely result in a 2 percent reduction in its workforce. There will be no layoffs of crew members, it addded. (Reporting by Walter Brandimarte; Editing by Chizu Nomiyama)
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