Friday, Nov 06, 2009
This is sure to increase houseprices, even a sneeze will
Yahoo: BA To Slash 1,200 Jobs After £292m Loss
He said the struggling company was now planning to axe an extra 1,200 positions as it rides "along the bottom" of the recession.
The airline had already revealed plans to cut 3,700 positions by next March.
The new figure, which the airline said had come as a result a high response from staff wanting to work part-time or take voluntary redundancy, will take that total to 4,900.
Posted by mark @ 10:45 AM (447 views) Add Comment
2 Comments
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1. cat and canary said...
BA, RBS and Threshers alone have announced 6638 job losses this week. Very sad. Think that the summer of v-shaped recoveries, green shoots in disney la-la land is well and truly buried.
2. mark wadsworth said...
From a press release issued by The Home-Owner-Ist Party:
"We are delighted to hear the news that BA is reducing the number of flights and slashing jobs, because this will enhance property values in areas under the flight paths at Heathrow and other major airports."