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Article: BA cuts 1,000 jobs, will shrink Heathrow crews.(Shipping)
- Article from:
- Manila Bulletin
- Article date:
- October 8, 2009
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LONDON (AP) — British Airways PLC is shedding 1,000 jobs, putting 3,000 more employees on part-time work and reducing the size of cabin crews at Heathrow in an effort to get the troubled airline's finances back in order, a spokesman said..BA spokesman Paul Marston said the company was in "a very serious financial position'' and was working hard to turn itself around with an aggressive cost-reduction program. The job losses and part-time work, which he said were voluntary, would be the equivalent of cutting 1,700 positions. He declined to say how much the airline hoped to save from the cuts.Marston said BA, which expects to see a "significant loss'' for the second ...