Wednesday, November 30, 2005
BA to halve senior management
BA is to halve the number of Senior Managers in the company from 414 to 207. In all 35% of its 1,715 managers will be cut as the airline slims down to compete in a cut throat market. The target date for the cuts is the move to Heathrow's Terminal 5 which is currently under construction.
The staff cuts should provide savings of £50m ($86.3m) as part of an overall target of £300m - the estimated cost of the airline's move to Terminal Five. The transfer to Terminal 5 will be accompanied by a restructuring aimed at removing duplication and increasing efficiency
The staff cuts should provide savings of £50m ($86.3m) as part of an overall target of £300m - the estimated cost of the airline's move to Terminal Five. The transfer to Terminal 5 will be accompanied by a restructuring aimed at removing duplication and increasing efficiency
