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BA looking at layoffs

From social media here is the sobering note to BA employees.

https://cimg9.ibsrv.net/gimg/pprune....4c7265fd8.jpeg

Of course, he could have put a (Southwest) positive spin on it...

Cost base, blah, blah

or Alex could have thought "great excuse to get rid of a few people and blame it on Corona rather than just a way to reduce the cost base generally"

BA have never been one to let a good crisis go to waste.

Quote:

Originally Posted by clipstone1 (Post 10712739)

or Alex could have thought "great excuse to get rid of a few people and blame it on Corona rather than just a way to reduce the cost base generally"

Quote:

Originally Posted by hunterboy (Post 10712813)

BA have never been one to let a good crisis go to waste.

So you think Cruz is rubbing his hands with glee ?

What world are you living in ?

Quote:

Originally Posted by DaveReidUK (Post 10712829)

So you think Cruz is rubbing his hands with glee ?

What world are you living in ?

Yes, they will almost certainly be using this to their advantage.

Quote:

Originally Posted by DaveReidUK (Post 10712829)

So you think Cruz is rubbing his hands with glee ?

What world are you living in ?

They have form.
Just look at the post 2001 cutbacks.

Quote:

Originally Posted by DaveReidUK (Post 10712829)

So you think Cruz is rubbing his hands with glee ?

What world are you living in ?

I suppose that it depends on what you think of the man. In this respect, there are plenty who do not have a very high opinion of him & expect, come what may, that he will not suffer to the same extent as the rest of the employees. I have no informed opinion on the matter, but I know that "it's the rich what gets the gravy" etc. Nevertheless, his basic message can't be faulted. I just hope that numbers are kept to the very minimum & that it all blows over asap.

Sky news reporting a possible UK travel ban to the States

From the BBC:

Quote:

BA expected to suspend 36,000 staff

By Tom Burridge Transport correspondent, BBC News

April 1, 2020

The airline, which grounded much of its fleet due to the coronavirus crisis, has been negotiating with the Unite union for more than a week.

The two sides have reached a broad deal but are yet to sign on some details.

The agreement means that up to 80% of BA cabin crew, ground staff, engineers and those working at head office will have their jobs suspended but no staff are expected to be made redundant.

The decision will affect all staff at Gatwick and London City Airport after the airline suspended its operations at both locations until the crisis is over.

Those affected are expected to receive some of their wages through the government's coronavirus job retention scheme, which covers 80% of someone's salary capped at a maximum of £2,500 a month.

It is thought that the Unite union has been pushing for staff to be paid more than that. BA has already reached a separate deal with its pilots who will take a 50% pay cut over two months.

BA's parent company, International Airlines Group (IAG), is in a better financial position than some of its competitors. The group has made healthy profits in recent years.

But the airline's expected decision to suspend such a large number of workers gives a sense of how hard UK aviation has been hit by travel restrictions, designed to stem the spread of the pandemic.

With future bookings cancelled for the foreseeable future, airlines have been haemorrhaging cash.

Over the next three months, the International Air Transport Association expects airlines to rack up losses of almost $40bn (£32.3bn). It said carriers were burning through their cash reserves fast, mainly because of the multi-billion-pound cost of refunding tickets for cancelled flights.

Many staff at Virgin Atlantic have had their jobs suspended for two months and crews at Easyjet are out of work for three months.

This week, British Airways has run government repatriation flights to get hundreds of British nationals home from Peru, after the country went into lockdown.

It is one of several UK-based airlines that has agreed to run further repatriation flights in the coming weeks as hundreds of thousands of people are still stuck in other parts of the world.

https://www.bbc.com/news/business-52130021

Thankyou and I have seen that on the news already. Not impressed that this news is out there before the affected have been informed by the company.

...and the staff have been furloughed - not suspended!

At least where I work, an announcement like this would go out to the stock markets first, then to the staff. Staff aren't (and pretty much can't be, due to US stock exchange rules) trusted with material nonpublic information about the company lest they leak it. I know BA's a UK/Spain quoted company but the principles are the same.
So, assuming the staff are reading a rolling newsfeedor have a news alert set up for the name of the company, we know major things via the press before the internal announcement communications hit our inboxes.
It pretty much sucks for the feelings of the staff, but laws and lawyers ready to sue on behalf of shareholders if anything leaks mean that it'll never be any other way for a large company with a big announcement. If you work for a large quoted company and you're not one of the few insiders implementing a decision, you'll find out what's happening in the press like everyone else.

No, some ******** leaked half a story to the Scum last night. The deal hadn't been done.

The new deal is very good for the staff affected. The TU have played a blinder. For a change.

Quote:

Originally Posted by TURIN (Post 10737359)

The TU have played a blinder. For a change.

what are you getting over and above the Governments 80% contribution?

Might this be the end of BA at LGW? Plenty of IAG outfits could cover those profit making routes, but that might be some years down the line.

Quote:

Originally Posted by cashash (Post 10737425)

what are you getting over and above the Governments 80% contribution?

In the context of the latest announcement you need to be clear about who the "you" is you are referring to..:ooh:

Unite Press release

There's certainly a body of opinion that Unite have indeed "played a blinder" compared with at least one Association.

For now maybe? Doubtless WW will have the last word and is always the case those at the bottom end suffer the most. No change there!

Quote:

Originally Posted by HZ123 (Post 10737536)

Might this be the end of BA at LGW? Plenty of IAG outfits could cover those profit making routes, but that might be some years down the line.

Given it’s likely that competition at Gatwick will likely decrease post covid 19 (never say never but) I doubt it. Heathrow is slot constrained and that will likely remain the case when the dust has settled. Gatwick has been profitable for a long while now, especially profitable with the beach fleet. It obviously works for BA, if it wasn’t working they’d have already closed Gatwick, IAG are ruthless in that respect. If BA are still there it’s because there’s a clear business case for it.