Tuesday, November 29, 2005

 

easyJet to cut staff

In a further bid to save money, easyJet is to lose about 50 of its 500 staff from the management and administration division. The low cost airline's staff were told of the cuts last Thursday and Friday, when the company released its trading results. The cuts will come about by combining some roles and losing others.
Ray Webster the departing CEO of easyJet informed the staff of the plans through an internal memo. He compared easyJet's profits of about £1.70 per seat in the last financial year with those of Ryanair, which made profits of £5.80 per seat.

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