Thursday, 17 August 2017

955 More Jobs to go at Iberia

The Spanish airline Iberia, aims to cut up to 955 jobs as part of a fresh round of redundancies outlined to unions, a spokesperson for the company said on Thursday.

The Spanish carrier, which is  part of International Consolidated Airlines Group who also own British Airways, Vueling and Aer Lingus, has already been through two major rounds of redundancies in times. So far they have axed around 4,500 employees and its hoped this latest round of 955 would mostly come from voluntary redundancies and some early retirement plans.

Iberia are also planning more job cuts next year to further streamline the Spanish operation despite huge profits for IAG, it is expected they will be announced in February or March.