Gatwick Airport

Type
Internal restructuring
Country
United Kingdom
Region
London;
Location of affected unit(s)
London
Sector
Transportation / Storage
52 - Warehousing, storage and support activities for transportation
52.2 - Support activities for transportation
52.26 - Other support activities for transportation
100 - 200 jobs
Number of planned job losses
Job loss
Announcement Date
17 March 2020
Employment effect (start)
17 March 2020
Foreseen end date

Description

Gatwick Airport has announced that it will cut 200 jobs as part of a cost saving drive. Most of those affected were employed on fixed-term contracts or worked as contractors.

The Chief Executive Officer said that the job cuts were necessary to protect the business in the wake of the Covid-19 pandemic. He added that while he regretted the decision,  there was ongoing consultation with employees about further cost cutting measures, such as unpaid leaves and temporary salary reductions.

Gatwick is the UK’s second largest airport, which provides employment to over 30,000 people, the vast majority of whom are not employed directly by the Airport but work for airlines, baggage handling companies and retailers.

Sources

Citation

Eurofound (2020), Gatwick Airport, Internal restructuring in United Kingdom, factsheet number 100130, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/100130.