Amsterdam-Schiphol airport is going to cut 450 jobs, about 20% of the total of 2200 employees, after signing a deal with the unions, in exchange for a 1.75% increase in wages and for the guarantee not to perform forced layoffs. The decision to cut jobs became necessary after the dramatic passenger traffic slump caused by the global crisis. The profits fell of 41% in 2008 and the first reports of...