Originally Posted by
PC767
BA’s actions are not about saving the company during Covid, there are about using Covid as cover to dramatically restructure the business and massively increase future profits/bonuses/dividends.
From the outside it does look like that.
In our own business, principal cost salaries, we have taken salary reductions, on a sliding scale from the lowest paid staff (no change) to the top management (over 50%), this to be temporary until positive cash flow is restored. Who knows, we might have to take a further reduction. Emphasised as temporary, and not to score some future advantage. And you take all the team with you.
BA's actions look similar to what a past generation called "war profiteers".