LATAM to Lay Off 1,400 Workers

LATAM Airlines Group, the largest airline conglomerate in Latin America, announced it will lay off 1,400 workers from its branches in Chile, Colombia, Ecuador and Peru. The news was confirmed by the company on May 15, after Reuters released an internal video where LATAM CEO Roberto Alvo announced the measures to its employees. "Unfortunately we've come to the conclusion that we have no option other than starting to reduce the group," Alvo said in the video. "This means, among other…