Type
Internal restructuring
Country
United Kingdom
Region
Location of affected unit(s)
Sector
Transportation / Storage
Land, Water And Air Transportation
Air Transport
51 - Air transport

450 jobs
Number of planned job losses
Job loss
Announcement Date
10 October 2008
Employment effect (start)
Foreseen end date

Description

British Airways, a company that operates in the airline sector, has announced that 450 managerial positions are to be lost. The airline stated that 1,400 people were offered voluntary redundancy as part of their plan to reduce their costs, and that 450 people had taken the opportunity to leave the airline. As of 12 October 2008, no further information is available as to when, or from which sites, these managers will be leaving.


Sources

  • 10 October 2008: The Guardian

Citation

Eurofound (2008), British Airways, Internal restructuring in United Kingdom, factsheet number 67216, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67216.