BA to cut up to 12,000 jobs in "restructuring and redundancy programme"
 

Quite a large number just announced on BBC.

Any more knowledge here?

The 'large number' being reported on BBC Breaking News is 12,000 people.

Announced with brought forward Q1 results. https://otp.tools.investis.com/clien...newsid=1388295

Awful news, but the way things have been going it was almost inevitable. Sympathy and ‘good luck’ to those impacted,

Grim news, but not surprising, after the SAS announcement. I always anticipated that BA would be quite swift in taking such action. What none of the stories say (but people on here with inside knowledge might be able to reveal) is where those redundancies are, which areas of the business and what the timescales are. Hopefully a good few will be voluntary and with decent packages......

The relevant section of the IAG advice for the quarter is:

“Most” suggests this falls across all areas of the business.

https://www.thesun.co.uk/news/115019...ers-redundant/

https://www.dailymail.co.uk/news/art...wners-IAG.html

I guess BA are having to dig in financially for the longhaul timewise , effect of Covid on travel, reduced demand and spend on Flights/Hotels/Hoildays is almost bound to last more than 12months

Very tough times, let's hope it is enough and we passengers return in time.

It is probably more complicated that this, and I have no idea what area of the business is impacted - but if making 12,000 redundant, when you consider they furloughed 23,000 - are they assuming 50% capacity for a few years?

With over 25% of BA staff expected to go, not much will be untouched. It's a bit iffy to be doing this while taking the taxpayer coin for a Job Retention Scheme, suspect BA intends the redundancies to coincide with the ending of the scheme, whenever that will be. This scale of redundancy will be minimum 45 day collective consultation in any case (thought it used to be 90, but could be wrong).

Tragic news and as I said earlier today when I mentioned on the Cargo thread I’d heard rumours, my thoughts really go out to all BA employees at this incredible difficult time.

My understanding is that this will include redundancies across the board from flight (rumoured to be 850) and cabin crew, maintainable, ground staff, call centres, operations, HR and other administrators.

Ths is a consultation at this stage, and ensures that there is sufficient notice to employees to provide flexibility with the approach as things continue to change at pace, including any extension to the government Furlough scheme.

I hope that none of the redundancies will take place whilst the job retention scheme remains in force. I know others feel this is ‘iffy’, but I think it is actually about being a good employer and has been factored in to the HMT modelling, including the hope that it will actually result in less job loss when there is more clarity.

What terrible news. Thoughts are with all of those affected.

The indirect consequences of our reaction to this will be with us for decades.

A friend owns several international businesses, one of which has 4 board meetings a year across the globe, each meeting costs around $100k excluding the salaries of the directors. They’ve held a zoom board meeting during the shutdown and he sees no reason why 3 of the 4 meetings each year cannot be done remotely, they save $300k and staff are not spending two days per meeting travelling.

I think there will be tens of thousands of businesses changing their practises and it will have a massive impact on airlines, airports and business centric hotels around the world going forward.

My thoughts go out to everyone at this uncertain time.

It shows that BA will definitely be a smaller airline after all this, with fewer aircraft, routes and most improbably customers and staff.

Just that in Q1 IAG lost €535m and most of this was due to BA and that IAG expects Q2 to be even worse.

Things will never be the same again. I was reading this morning that some countries view the UK as so far behind in terms of lockdown and potential cases that they are likely to close their border to us until December.