EasyJet to slash workforce by 30% as it prepares for years of weak demand

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EasyJet to slash workforce by 30% as it prepares for years of weak demand
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Low-cost European carrier EasyJet has announced plans to slash its workforce by up to 30% as it overhauls operations to reflect reduced demand for air travel due to the coronavirus pandemic.

The company said in a statement Thursday that it will start a consultation with employees in the coming days to reduce staff numbers. It will also slash its fleet size, make changes to its flight network and find "more efficient ways of working."EasyJet has over 15,000 employees, according to its most recent annual report, suggesting that as many as 4,500 jobs could be eliminated.

the UK pilots union, said it will need"a lot of convincing that EasyJet needs to make such dramatic cuts to jobs," adding that the airline's own projections forecast a recovery in passenger numbers by 2023."This is a temporary problem that doesn't need this ill-considered knee-jerk reaction," the union's general secretary Brian Strutton said in a statement.

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