Reuters (28th April 2020) is reporting that IAG is in talks with BA unions about widespread redundancies.
* RECOVERY TO LEVEL OF PASSENGER DEMAND IN 2019 IS EXPECTED TO TAKE SEVERAL YEARS, NECESSITATING GROUP-WIDE RESTRUCTURING MEASURES* IAG IS NOT CURRENTLY PROVIDING PROFIT GUIDANCE FOR 2020* GROUP EXPECTS ITS OPERATING LOSS IN Q2 TO BE SIGNIFICANTLY WORSE THAN IN Q1
* LIKELY THAT RESTRUCTURING AND REDUNDANCY PROGRAMME WILL AFFECT MOST OF BRITISH AIRWAYS’ EMPLOYEES AND MAY RESULT IN REDUNDANCY OF UP TO 12,000
https://www.reuters.com/article/brie...-idUSFWN2CG13O
Best of luck to all.