Type
Internal restructuring
Country
United Kingdom
Region
South East; Surrey; East and West Sussex
Location of affected unit(s)
Crawley
Sector
Transportation / Storage
Land, Water And Air Transportation
Air Transport
51 - Air transport

600 jobs
Number of planned job losses
Job loss
Announcement Date
12 February 2009
Employment effect (start)
Foreseen end date

Description

Virgin Atlantic, an airline company, has announced that it is to cut 600 jobs. The Crawley-based company, which employs 8,400 people, has stated that it is cutting costs as it has reduced the prices of its tickets in order to increase demand. As of 15 February 2009 no announcement has been made as to when these jobs will be cut.


Sources

  • 12 February 2009: Financial Times

Citation

Eurofound (2009), Virgin Atlantic, Internal restructuring in United Kingdom, factsheet number 68159, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/68159.