Type
Internal restructuring
Country
World
Region
Location of affected unit(s)
Sector
Transportation / Storage
Land, Water And Air Transportation
Air Transport
51 - Air transport

13,000 jobs
Number of planned job losses
Job loss
Announcement Date
21 May 2002
Employment effect (start)
1 May 2002
Foreseen end date
1 April 2004

Description

This restructuring plan is part of an overall cost reduction programme ending by March 2004.

3000 of them will be dismissed by September 2003.

By November 2003, 12,087 job losses were effective.


Sources

  • 27 March 2003: The Guardian
  • 20 May 2002: The Financial Times
  • 12 November 2003: Les Echos
  • 21 May 2002: The Guardian

Citation

Eurofound (2002), British Airways, Internal restructuring in World, factsheet number 58849, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/58849.