Aug 7, 2020
Thousands of British Airways staff braced for job cuts
Thousands of British Airways' staff will find out in the coming days whether they have lost their jobs as the airline pushes ahead with its restructuring plan in a battle to survive the worst crisis in its history. According to BA, more than 6,000 staff have applied for voluntary redundancy, which will help reduce the number of compulsory job cuts. The rest of BA's staff will find out soon whether they will be made redundant, will still have a job but be required to sign a new contract on lower pay, or will keep their job on the same contract. The agreement will reduce the number of compulsory job cuts from 1,255 to 270, out of a total pilot workforce of 4,300. The move to push ahead with job cuts comes a week after IAG, BA's parent company, posted a second-quarter loss for the three months to the end of June of more than €2bn and launched a €2.75bn emergency fundraising to see it through the Covid-19 pandemic.
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