Ryanair continues tough measures after cutting employee salaries: laying off pilots and cabin crew, imposing unpaid leave. Must read Thomas Dinca written today, 13:54
Low-cost airline Ryanair will cut up to 3,000 jobs, mainly pilots and cabin crew, in response to the coronavirus pandemic. It will also impose unpaid leave and close some bases. In March, Ryanair announced it was cutting employee salaries by 50% in the context of the pandemic.
Michael O’Leary, Ryanair’s CEO, said then that, in the best-case scenario, planes would be grounded for a period of 2-3 months, during which the company’s revenues would be substantially reduced, according to the Financial Times.
Source: Profit
Frequently Asked Questions
How many jobs is Ryanair cutting?
Ryanair plans to cut up to 3,000 jobs, primarily affecting pilots and cabin crew members.
What other measures is Ryanair taking?
In addition to layoffs, the airline is closing several bases, imposing unpaid leave, and has previously reduced salaries by 50%.
How long does Ryanair expect planes to be grounded?
CEO Michael O’Leary estimated that, in a best-case scenario, the fleet would remain grounded for 2 to 3 months.