EMCC European Monitoring Centre on Change

Virgin Atlantic

Company/Organisation:
Virgin Atlantic

Geographic Location

Country: United Kingdom
Region: West Sussex; Surrey, East and West Sussex; South East
Location of affected unit(s): Crawley

Company

Sector: Transportation / storage
Transportation and storage
51 - Air transport
Number Employed: 8400

Employment Effects

Announcement Date: 12-02-2009
Planned Job Reductions min: 600
Planned Job Reductions max: 600
Type of Restructuring: Internal restructuring
Direct Dismissals: 600

Additional Information

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.