Company/Organisation:
Buzz
Geographic Location
Country:
United Kingdom
Company
Sector:
Transportation / storage
Transportation and storage
51 - Air transport
Number Employed:
570
Group:
Ryanair
Employment Effects
Announcement Date:
05-02-2003
Planned Job Reductions min:
130
Planned Job Reductions max:
400
Type of Restructuring:
Merger/Acquisition
Employment Effect Start:
01-02-2003
Additional Information
Ryanair has recently acquired Buzz which needs, following Ryanair words, a major restructuring.
After negociations, Ryanair will keep 130 workers from the ex-Buzz company. The 470 other workers will be kept by KLM in London.
Sources:
14-04-2003Les Echos
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