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easyjet job losses

EasyJet said it believed pre-Covid-19 passenger numbers would not return until 2023 and that it would “continue to review its network and bases”. 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. 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. 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. Balpa, the pilot's union, says it is "shocked at the size of the potential job losses". Other large carriers with a substantial UK presence British Airways, Ryanair and Virgin Atlantic are collectively planning 18,000 job losses. Staff of easyJet threatened by job losses at Stansted Airport staged a socially distanced demonstration. Easyjet’s share price rose 6 per cent in early morning trading. He called for the government to step in with measures to help aviation in the UK, which he said was “caught in a death spiral of despair”. 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 … Sorry, there was a problem with your subscription. Protest to take place against easyJet job losses at Stansted. 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. “These job losses will bring hardship and misery to cabin crew and local communities. Coronavirus: 727 easyJet pilots at risk of redundancy due to pandemic. And that's before factoring in cuts at the carriers' suppliers. 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. Last modified on Wed 1 Jul 2020 17.15 BST. We are committed to working constructively with our employee representatives across the network with the aim of minimising job losses as far as possible.”. 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. EasyJet announces thousands of job losses and 30% reduction in staff. 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. EasyJet restarted limited flights two weeks ago and still hopes to fly to most European destinations this summer, on a greatly reduced schedule, if travel restrictions are lifted. The number of announced job cuts among airlines now stands at roughly 70,000. EasyJet is axing up to 4,500 jobs after its boss warned that the crisis faced by airlines is even worse than rivals have predicted. EasyJet’s chief executive, Johan Lundgren, said: “These are very difficult proposals to put forward in what is an unprecedented and difficult time for the airline and the industry as a whole. The company will launch an employee consultation within coming days, in order to decide where the job losses will happen. The closures will result in a number of job losses for both ground and air staff. Easyjet said it will further reduce costs by revising its contracts with airports and re-examining what the airline spends on maintenance. THE pandemic has hit the travel sector hard, leading to thousands of job losses. 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. 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. 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. All rights reserved. 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. Unite’s national officer for civil aviation, Oliver Richardson, said easyJet had its “priorities all wrong … it has paid a multimillion dividend to its shareholders, borrowed hundred of millions from the government to buy new aircraft, and has fully utilised the job retention scheme. 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.”. Easyjet is to cut as many as 4,500 jobs as the coronavirus pandemic continues to ravage the airline industry. The airline has announced the changes in the wake of the coronavirus crisis. Earlier this month it was reported that BA planned to re-hire staff on worse terms. However, the budget carrier assures travellers that the airports will remain on easyJet… We will be launching an employee consultation over the coming days.”, Russ Mould, investment director at AJ Bell, the investment platform, said: “These measures are understandable given the scale of the current challenges facing the business. In total the airline employs 15,000 staff. 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. We’re easyJet. 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 … We will continue to remove cost and non-critical expenditure at every level. EasyJet - Up to 5,000 jobs lost and three hubs closed British Airways - Up to 12,000 jobs lost 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. In total the airline employs 15,000 staff. It started consultations with unions in the UK on Tuesday after announcing last month that it would be making a total of about 4,500 staff redundant across Europe. Come and join us. 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. EasyJet confirms closure of 3 UK bases, job losses Tuesday preview: ZEW economic expectations index, Glencore in the spotlight Dunelm deputy chairman reduces stake The detail of job losses at easyJet will fuel concerns about the fate of smaller, regional airports in particular. Photo: Getty Images Thousands of jobs could go. 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 … This … 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 news comes after Boeing, the jet manufacturer, last night announced plans to dismiss more than 12,000 workers. Mr Lundgren said: “Against this backdrop, we are planning to reduce the size of our fleet and to optimise the network and our bases. EasyJet says it is unclear whether any of the 4,500 job losses it has announced will come at Stansted Airport. BALPA repeats its call for Government to step in, provide a strategy and back a moratorium on job losses while all stakeholders sort out … 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. Some flights will continue in and out of Newcastle and Stansted, operated by planes and crew based elsewhere, but there is less certainty for Southend, where easyJet is a key airline customer. Other UK airlines are expecting to make a similar proportion of staff redundant, with BA cutting up to 12,000 jobs, and Virgin Atlantic and Ryanair both expecting to cut 3,000. 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. — BALPA (@BALPApilots) July 10, 2020 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. The latest update from EasyJet comes after the company warned of plans to axe up to 30% of its 15,000 workforce last May. We support. 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. We’re uniquely different. ... 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. © 2021 Guardian News & Media Limited or its affiliated companies. STAFF of easyJet threatened by job losses at Stansted Airport staged a demonstration on Friday. All rights reserved. Now to turn around and say that doing the right thing means you may lose your job could have a chilling effect on the safety culture in easyJet from now on. Earlier on Tuesday, Birmingham airport announced that it would be laying off up to 250 people, more than a quarter of directly employed staff, due to the coronavirus downturn. 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. Ground services and baggage handling group Swissport last week announced that it was halving its UK workforce, resulting in 4,500 job losses, and that it had already begun the process of making 500 staff redundant at its Midlands hub. 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. EasyJet is planning to make as many as one in three of its pilots redundant and close its bases at Stansted, Southend and Newcastle airports. And we do it our way. BALPA is shocked at the size of potential job losses which equates to nearly 1-in-3 of easyJet pilots in the UK, which it says doesn’t add up. 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.”. TF-Images. Johan Lundgren, easyJet’s chief executive, said: “We realise that these are very difficult times and we are having to consider very difficult decisions which will impact our people, but we want to protect as many jobs as we can for the long-term.”. The pilots’ union, Balpa, said that the layoffs were “an overreaction” and that it would be “fighting to save every single job”. Flights at all three would continue. EasyJet has warned of more job losses in the aviation industry if the UK's quarantine plans last longer than expected. The cuts followed an announcement in April that Boeing, which employs 160,000 staff worldwide, would reduce its workforce by 10 per cent. easyJet has announced huge job losses. We roll our sleeves up and we get stuck right in. The airline has also used the government’s furlough scheme to pay thousands of its staff. The airline is planning to cut up to 727 pilot jobs and up to 1,200 cabin crew jobs across the UK. The government’s ongoing failure to provide such support is directly resulting in huge job losses throughout the industry and is threatening the viability of airlines and airports alike.”. Airline to cease operations at Stansted, Southend and Newcastle amid Covid-19 crisis, Tue 30 Jun 2020 16.01 BST We work hard and laugh loud. UK low-cost carrier easyJet has revealed plans today to cut thousands of jobs. 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 … Unite regional officer Lindsey Olliver said: “This was an extremely disappointing announcement by easyJet. EasyJet is expected to lose up to 4,500 jobs across its entire network including around 1,900 UK employees. 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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 said it remained committed to its UK operations, where it has 163 planes across 11 bases, flying more than 50 million passengers annually before coronavirus. BALPA repeats its call for Government to step in, provide a strategy and back a moratorium on job losses while all stakeholders sort out a holistic way forward for the whole aviation sector.” At the beginning of the global crisis, Easyjet secured a £600m loan from the UK government to keep the airline going after its flights were grounded. Unclear whether any of the 4,500 job losses at Stansted Airport staged socially... Hard, leading to thousands of jobs could go, last night announced plans to dismiss more than 12,000.. Re-Hire staff on worse terms by 10 per cent in early morning trading subscription! 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