PPRuNe Forums - View Single Post - IAG: BA restructuring may cost 12,000 jobs
Old 26th May 2020, 06:39
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PC767
 
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Originally Posted by Jet II
LH is looking to cut 10,000 jobs and has already ceased operations in its subsidiary Germanwings.

Be of no doubt - a lot of people are going to lose employment and the market will be flooded for several years to come with people looking for new jobs.
And this will be the case at BA. Colleagues acknowledge that. The issue is how the redundancies are managed and the need for permanent change to contracts. IAG has stated that BA can only afford the bare minimum statutory compensation for redundant whilst stating that it I should going ahead with the purchase of Air Europa.

In my position, if I’m ‘lucky’ to be selected to be interviewed for my role, I shall see my earnings drop from over 40k pa with incremental increases to a maximum of circa 18k pa, including variables, with no increments pay scales. This after 20 years service. BA are not negotiating this, they are consulting, very different.
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