Transportation • Air Transportation & Traffic, Flying

2020-05-18T08:32:16+00:00

Ryanair announces job cuts and other cost-cutting measures

Ryanair airplane at Bratislava Airport Credit: unsplash.com/Anastasia Dulgier

The Irish budget airline Ryanair is in negotiations with its trade unions and employees about a series of cost-cutting measures. With the Covid-19 pandemic reducing passengers by more than 5 million and a presumed €200 million first quarter loss, the airline plans to cut around 3,000 jobs and is working out unpaid leave and pay cuts with its employees.

Sources: Content Sources

Source: CNBC

Source: irishtimes.com

Image Source

unsplash.com/Anastasia Dulgier

Pentributor:

Ashley Winkler

@ash

Highly edible human, designer of all things digital, co-founder of Pendect, creative native, constant wa/onderer, morse code lady, full-time dog pillow.

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Categorization: Locations & Places

Republic of Ireland

Organizations & Institutions

Ryanair

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