Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Swissport UK, the cargo and baggage handling firm has announced that it had started a thirty-day redundancy consultation with its employees in the wake of the collapse of Flybe and the Covid-19 pandemic.
According to Unite the Union, the job cuts will affect 195 employees in three locations in Scotland, at Edinburgh (120 jobs cut), Aberdeen (36 jobs cut), Glasgow (39 jobs cut) Airports and 95 employees at Belfast City Airport in Northern Ireland. Staff in Belfast was initially told to take two weeks of unpaid leave before the consultation about compulsory redundancies was announced.
A spokesperson for Swissport said that their priority was to support the affected workers.
A representative of Unite said that the redundancy consultation was ‘premature’ because many of Flybe’s former routes would be operated by other airlines.
Swissport UK is a subsidiary of the Switzerland-based global company, Swissport International, the largest provider of ground handling services.
Eurofound (2020), Swissport UK, Internal restructuring in United Kingdom, factsheet number 100115, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/100115.