Company/Organisation:
Air Berlin
Geographic Location
Country:
Germany
Company
Sector:
Transportation / storage
Transportation and storage
51.1 - Passenger air transport
Number Employed:
8500
Employment Effects
Announcement Date:
27-10-2014
Planned Job Reductions min:
200
Planned Job Reductions max:
200
Type of Restructuring:
Internal restructuring
Employment Effect Start:
01-01-2015
Foreseen End Date:
31-12-2015
Other Job Reduction Measures:
200
Additional Information
German airline Air Berlin is to cut 200 additional jobs in 2015. As announced on 27 October 2014, recent cost cuts are not sufficient to make the company run profits again.
The job reduction will mainly affect administration and ground staff. It shall be implemented without operational dismissals and in a socially acceptable manner, for instance by not refilling vacant positions.
Air Berlin has only run a profit once in recent years and suffers from a failed expansion strategy. In the past year, the company has already cut 900 jobs (see FS2013). Currently, Air Berlin employs around 8,500 people.
Sources:
28-10-2014FAZ
27-10-2014Börse Online
27-10-2014Rheinische Post Online
Sources Links:
http://www.boerse-online.de/nachrichten/aktien/Air-Berlin-Aktie-Fluggesellschaft-baut-wieder-Jobs-ab-200-Stellen-betroffen-1000346880
http://www.rp-online.de/wirtschaft/unternehmen/air-berlin-streicht-weitere-200-stellen-aid-1.4624121