Aer Lingus, Ireland's national airline, is cutting costs in response to mounting financial difficulties. It is set to slash its workforce in an attempt to compete as a low-cost operator. The proposed redundancy package would reduce staff by a total of 1,325 jobs. Under terms agreed with trade unions, employees will be offered a generous severance package, with minimum payments … [Read more...] about News: Major Financial Cuts at Aer Lingus