EMCC European Monitoring Centre on Change



Geographic Location

Country: United Kingdom


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.