easyjet pilots to strike??
A formal" failure to agree" notice has been served at easyjet by the pilot union BALPA over pay and rostering negotiations which have been ongoing since last April. Whilst management have awarded themselves £10 million in bonuses, pilots are still negotiating a pay rise for last year and are having to put up with the most horrendous working practices in the industry. A private internet site is polling pilots if the working conditions are affecting their home life, which is a measure of just how bad things have become. The next step is to be face to face comminication with the CEO, Ray Webster before a ballot on strike action. Easyjet prides itself in its company culture ethos of being "fun to work for". It seems the fun went about the same time as the IPO. What a strike will do to the share price is obvious. My question is , is the CEO acting in the interest of the share holders by going down this road?