Jul 31, 2019
Ryanair boss warns as many as 1,500 jobs could be at risk
Ryanair boss Michael O'Leary has warned staff to prepare for job cuts in the coming weeks, saying the airline has 1,500 too many pilots and cabin crew. In the video, which was leaked to Bloomberg, Mr O'Leary said Ryanair now had an excess of more than 500 pilots and 400 flight attendants. A spokesman for Ryanair confirmed the video's authenticity but declined to comment further. In July, Ryanair said it would be forced to cut flights and close bases next year amid concerns the 737 Max would not be allowed to fly until at least December. On Monday, the airline said it would cut Mr O'Leary's pay by 50% to €500,000 and reduce his bonus to a maximum of the same amount, in its annual report.
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