easyjet job losses

EasyJet confirms closure of 3 UK bases, job losses Tuesday preview: ZEW economic expectations index, Glencore in the spotlight Dunelm deputy chairman reduces stake EasyJet’s sudden announcement on Monday that it is closing its bases at Newcastle, Stansted and Southend is causing travel misery on top of hundreds of job losses. TF-Images. Coronavirus: 727 easyJet pilots at risk of redundancy due to pandemic. “Unfortunately, the lower-demand environment means we need fewer aircraft and have less opportunity for work for our people. Coronavirus: EasyJet warns of more job losses as Ryanair labels travel quarantine a 'political stunt' The UK has introduced a 14-day quarantine period for … EasyJet is already planning to cut 4,500 jobs or 30% of its workforce because of the coronavirus crisis, and Lundgren said quarantine would make the situation even worse. The news comes after Boeing, the jet manufacturer, last night announced plans to dismiss more than 12,000 workers. BALPA repeats its call for Government to step in, provide a strategy and back a moratorium on job losses while all stakeholders sort out … We support. The airline workers were protesting on Friday morning at plans to close the carrier’s base along with its operations at Southend and Newcastle airports. EasyJet tumbled deep into the red with a pretax loss of £1.27bn in the year to 30 September against a profit of £430m the year before. The Unite union, which represents cabin crew and other aviation workers, said it was another massive blow for the industry and highlighted the urgent need for government support. “These job losses will bring hardship and misery to cabin crew and local communities. EasyJet cuts 1,900 UK jobs and pulls out of Stansted, Southend and Newcastle Airline set to put one in three workers out of a job including more than 700 pilots as it … EasyJet has said it will cut up to 30% of its workforce - about 4,500 jobs - as it struggles with a collapse in air travel caused … STAFF of easyJet threatened by job losses at Stansted Airport staged a demonstration on Friday. 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However if, as easyJet is guiding, there is a recovery in demand by 2023 the firm’s ability to benefit from this recovery will be affected by the decisions it is taking now.”, He added: “It can, for example, be easier to cut staff than it will be to rehire and retrain them as and when easyJet needs to increase its capacity again.”. The closures will result in a number of job losses for both ground and air staff. Protest to take place against easyJet job losses at Stansted. ... Unite spokesman Lindsey Olliver said: “This latest announcement of major job losses in aviation again highlights the failure of the Government to provide urgently needed specific support to protect jobs and airports. The airline workers were protesting on Friday morning (July 24) at plans to close the carrier's base at the Uttlesford hub along with its operations at Southend and Newcastle airports. EasyJet to charge for overhead locker storage, EasyJet slumps to £1.3bn loss as Covid forces it to cut flights, EasyJet cuts more flights and sells planes after new Covid controls, There's no harm in asking but easyJet shouldn't bet on a bailout, EasyJet calls for more UK state support for airline industry, Covid has left easyJet 'hanging by thread', union official tells staff, EasyJet launches £450m rights issue to shore up Covid defence, EasyJet's axe-wielding smacks of opportunism. EasyJet - Up to 5,000 jobs lost and three hubs closed British Airways - Up to 12,000 jobs lost Any bailout at easyjet would be controversial after the airline paid a £174m dividend to shareholders in March, when the crisis was already under way. EasyJet announces thousands of job losses and 30% reduction in staff. Staff of easyJet threatened by job losses at Stansted Airport staged a socially distanced demonstration. Easyjet employs 8,000 people in the UK, 7,000 of them are currently furloughed as part of the UK government’s Job Retention Scheme. And that's before factoring in cuts at the carriers' suppliers. The company will launch an employee consultation within coming days, in order to decide where the job losses will happen. However, the budget carrier assures travellers that the airports will remain on easyJet… Your support powers our independent journalism, Available for everyone, funded by readers, Standard fare passengers will be restricted to one free underseat bag from 10 February, Airline to run 20% of flights for rest of 2020 but says vaccine news has boosted bookings, Airline expects to fly no more than 20% of planned capacity for rest of 2020, The airline has time to act, and a reasonable base from which to assemble a self-help package. We will continue to remove cost and non-critical expenditure at every level. Flights at all three would continue. EasyJet last week launched a rights issue to raise another £450m in cash, having already accessed a £600m Bank of England loan as part of a £2bn war chest to survive the prolonged grounding of its fleet. The pilots’ union, Balpa, said that the layoffs were “an overreaction” and that it would be “fighting to save every single job”. EasyJet is expected to lose up to 4,500 jobs across its entire network including around 1,900 UK employees. About a third of the easyJet job losses are expected to come at the three bases, with potential further job losses in ground operations and aircraft maintenance roles at those airports. The airline has confirmed it could be looking to trim as many as 30% of its workforce in a bid to cut costs to get it through the coronavirus crisis. The company said: “The Ryanair airlines will shortly notify their trade unions about its restructuring and job loss program, which will commence from July 2020.”. EasyJet has announced plans to cut up to 30% of its workforce, or 4,500 employees, as it prepares for lower customer demand when it resumes flying in … EasyJet could have to make further job cuts if the government's quarantine policy continues for a long period, the airline's chief executive warned. We empower. But this seems an overreaction, and easyJet won’t find a supply of pilots waiting to come back when the recovery takes place over the next two years.”. The airline has announced the changes in the wake of the coronavirus crisis. The low cost airline announced this morning that it planned to axe up to 30 per cent of its staff and drastically reduce its fleet on the expectation passenger demand will be two-thirds lower once customers can fly again after the lockdown is lifted. At the beginning of the month, Ryanair also stated it was axing 15 per cent of its 20,000-strong workforce, mainly pilot and cabin crew staff, as the Covid-19 pandemic continues to ground flights. Photo: Getty Images Thousands of jobs could go. Come and join us. — BALPA (@BALPApilots) July 10, 2020 The latest update from EasyJet comes after the company warned of plans to axe up to 30% of its 15,000 workforce last May. About a third of the easyJet job losses are expected to come at the three bases, with potential further job losses in ground operations and aircraft maintenance roles at those airports. The Balpa general secretary, Brian Strutton, said: “We know that aviation is in the midst of the Covid crisis, and we had been expecting easyJet to make an announcement of temporary measures to help the airline through to recovery. In total the airline employs 15,000 staff. And we do it our way. EasyJet said in May that it planned up to 4,500 job cuts as it struggled with the collapse in air travel due to the coronavirus crisis. We love life and we love what we do. 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