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Economic Development

EasyJet to cut workforce by 30% putting thousands of jobs in jeopardy

The airline currently has 15,000 employees, meaning up to 4,500 jobs are now at risk

EasyJet planes grounded due to the coronavirus outbreak are parked at Gatwick Airport(Image: PA)

Budget airline easyJet has announced huge cuts to its workforce which will see thousands of staff lose their jobs.

The Luton-based carrier has announced it plans to reduce its headcount by up to 30% amid plans to lower the size of its fleet due to the coronavirus pandemic.

EasyJet has around 15,000 full-time employees, meaning a maximum of 4,500 jobs are at risk.

The move follows similar announcements from airlines including British Airways and Ryanair.

The low-cost airline's chief executive Johan Lundgren said: "We realise that these are very difficult times and we are having to consider very difficult decisions which will impact our people, but we want to protect as many jobs as we can for the long term.

"We remain focused on doing what is right for the company and its long-term health and success, following the swift action we have taken over the last three months to meet the challenges of the virus.

"Although we will restart flying on 15 June, we expect demand to build slowly, only returning to 2019 levels in about three years' time.

"Against this backdrop, we are planning to reduce the size of our fleet and to optimise the network and our bases."