Ananova:

Swissair has announced it's to cut 3,000 jobs.

The cuts come in response to the US terrorist attacks.

The cuts represent about 10% of the company's worldwide catering staff.

Swissair also announced a three-year restructuring plan, concentrating on business travel within Europe while scaling back its flights to North America.

The redundancies will hit the company's Gate Gourmet in-flight catering operation, which employs nearly 30,000 people in 34 countries.

Last month Swissair Group announced it was cutting 1,250 jobs, or about 1.7% of its worldwide work force, and was eliminating some long-haul flights.

The company says it will totally integrate its flagship Swissair operations with its regional carrier Crossair under a new name, Swiss Air Lines, although the two services will maintain their individual identities.

Swissair's stock has almost halved in value following the US attacks, and even before that it had lost three-quarters of its value since financial troubles began to be revealed in January.

The company been struggling most of this year to recover from a failed business strategy of investing in small foreign airlines.

Story filed: 16:37 Monday 24th September 2001

				Are you interested in this type of story? If you're an Orange customer you can follow these subjects on your phone. Find out how Swiss Airlines Transport sector Air travel War on Terrorism
				Find out how to get a personal news service
				The Orange web and WAP sites feature all the news and information that's on Ananova - plus much more. You can choose from thousands of subjects to get the news that matters to you. Find out more at orange.co.uk/today

	Check for more on: Sairgroup AG War on terrorism Transport Air travel Business Switzerland World