MADRID (Reuters) – IAG airline holding company has accepted a government-appointed mediator's compromise proposal to end a labor conflict over mass layoffs at Spanish flagship airline Iberia, the company said on Sunday. "The board has decided to accept the proposal," the company said in a statement. International Airlines Group, or IAG, is the holding company for Iberia and British Airways. The mediator proposed Iberia lay off 3,141 workers, instead of the 3,807 the airline had planned to let go, with severance pay of 35 days per year worked, rather than 20. …
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