Acting later than many of its airline peers, EasyJet announces plans to cull 4,500 jobs and shrink fleet
British low-cost airline easyJet said it planned to cut up to 30 percent of its staff, or 4,500 jobs, and shrink its fleet to fit the smaller market it expects to emerge from the collapse in air travel due to Covid-19.
The novel coronavirus has brought airlines across the world to their knees, grounding planes and forcing them to make tens of thousands of job cuts as they prepare for a travel market that will take three years to recover. EasyJet over the last month has been grappling with an investor vote on management strategy as well as a cyber attack.
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