Iberia has informed its employees, trade unions and the Spanish Employment Ministry that it has started the formal process of collective redundancy.

Victoria
By Victoria February 13, 2013 11:03

Iberia has informed its employees, trade unions and the Spanish Employment Ministry that it has started the formal process of collective redundancy.

3,807 jobs in the airline are affected. There will now be a 30 day consultation process.
This changes are part of Iberia’s transformation plan to “introduce permanent structural changes across the airline to stem its losses enabling it to grow profitably in the future”, according to a statement issued by parent company International Airlines Group.
The move comes after Iberia failed to reach an agreement with its unions on a scaled back restructuring plan.
Under the redundancy packages Iberia will be required to pay staff 20 days per year of service, up to a limit of 12 months, if it goes ahead with the plan.

Victoria
By Victoria February 13, 2013 11:03
Write a comment

No Comments

No Comments Yet!

Let me tell You a sad story ! There are no comments yet, but You can be first one to comment this article.

Write a comment

Only <a href="http://www.aviationnews-online.com/wp-login.php?redirect_to=http%3A%2F%2Fwww.aviationnews-online.com%2Fairline%2Fiberia-has-informed-its-employees-trade-unions-and-the-spanish-employment-ministry-that-it-has-started-the-formal-process-of-collective-redundancy%2F"> registered </a> users can comment.