British airways sacking 300 employees
Thread Starter
Join Date: Dec 2008
Location: Manchester
Posts: 319
Likes: 0
Received 0 Likes
on
0 Posts
British airways sacking 300 employees
BA has announces 300 voluntary redundancies
Passenger numbers for March down 7%
Passenger numbers for March down 7%
Last edited by Mike.Park; 4th Apr 2009 at 21:04. Reason: peer pressure
Join Date: Sep 2007
Location: earth
Posts: 516
Likes: 0
Received 0 Likes
on
0 Posts
Any source, I cannot find anything on the BBC, SKY, AP or Reuters, other than this:
But I can find quite a bit about Jade
LONDON (Reuters) - British Airways (BAY.L) passenger volumes dropped by 7.3 percent in March, while persistent falling demand will hit full year revenue by up to 25 million pounds, it said on Friday.
The carrier said the March volume decline included a 13 percent drop in premium or business passengers, while the load factor -- a measure of how full its planes are -- dropped 6.4 points to 72.7 percent.
BA, which is in merger talks with Spain's Iberia (IBLA.MC), said revenue outlook for the year to end March would therefore be lower than expected but confirmed a February forecast that it was likely to make an operating loss of 150 million pounds, after severance costs of 75 million pounds.
The carrier said the March volume decline included a 13 percent drop in premium or business passengers, while the load factor -- a measure of how full its planes are -- dropped 6.4 points to 72.7 percent.
BA, which is in merger talks with Spain's Iberia (IBLA.MC), said revenue outlook for the year to end March would therefore be lower than expected but confirmed a February forecast that it was likely to make an operating loss of 150 million pounds, after severance costs of 75 million pounds.
Join Date: Mar 2006
Location: UK
Age: 43
Posts: 228
Likes: 0
Received 0 Likes
on
0 Posts
Join Date: Mar 2009
Location: Button Moon
Posts: 314
Likes: 0
Received 0 Likes
on
0 Posts
Not good news but no great surprise. I was talking to a guy who turns out to be fairly significantly involved with the BA/IBERIA merger earlier in the week and he said there's lot's of talk of 'streamlining' within said merger if it goes ahead (which according to him seems pretty certain at the moment), which is bound to lead to more job losses. This could be just round one of redundancies unless things turn around pretty sharpish. Sad times.
If anyone bothered to read the link it is 300 voluntary redundancies (so "sacking" definitely wrong) and the 300 concerned are actually part of a package announced back in January! So actually quite old news.
Join Date: Jan 2008
Location: UK
Posts: 1,515
Likes: 0
Received 0 Likes
on
0 Posts
Sacking? Or making redundant? There's a difference
There are dozens of websites which will detail the grounds and procedures for redundancy. And also hundreds of solicitors who will take up your case if you consider you have been unfairly stitched up.
By definition, voluntary redundancy is going to be "fair". Compulsory redundancy on the other hand, is often challengable. You probably won't get your job back, but if spot a flaw in the way you were selected, or the way the process was conducted, you may be able to negotiate a better redundancy payment.
Join Date: May 2003
Location: Somewhere In The South China Sea
Posts: 960
Likes: 0
Received 0 Likes
on
0 Posts
The Old Fat One
I still disagree, to my mind redundancy means termination of employment through no fault of your own. Sacked means your employment was terminated because you broke company rules or terms of employment etc, i.e disciplinary reasons.
But hey, we're talking semantics, people are losing their jobs and that's never a good thing.
I still disagree, to my mind redundancy means termination of employment through no fault of your own. Sacked means your employment was terminated because you broke company rules or terms of employment etc, i.e disciplinary reasons.
But hey, we're talking semantics, people are losing their jobs and that's never a good thing.
