A very ominous item has just appeared on the company intranet quoting Ray Webster (the CEO). The gist of it is that there is a meeting next Thursday at Luton for all the staff who wish to go and hear about the 'new business plan'. It also says that there are to be 'no compulsory redundancies for at least a year'. I have no idea what is going on but it certainly seems to confirm the warnings about less expansion given earlier.
In reality, I think this has actually just been badly handled - the redundancies are on a very small scale (approx 20 out of 500 mainly in management and admin). There will still be some expansion but the fine details are not yet known until later this year. The shame is that instead of emphasising the new routes out of Gatwick which are great news, the emphasis was put by some foolish individual on these very small number of redundancies. Unnecessary upset has been caused to the workforce when in fact the news overall is actually very good. There are a lot of airlines in the UK right now who would love to have the sort of profits easyJet are making!
Last edited by Norman Stanley Fletcher; 29th September 2004 at 10:00.