Nearly 7,000 British Airways staff have taken an
early opportunity to apply for voluntary pay cuts in support of
the airline's cost reduction programme.
Of the 40,000-strong workforce, 6,940 employees
had volunteered for unpaid leave, part-time working or unpaid work
by June 24. Their actions will save the company up to £10 million.
Willie Walsh, British Airways' chief executive, said,
"This is a fantastic first response. I want to thank everyone who
has volunteered to help us pull through this difficult period."
Options were made available for
staff to volunteer for between one and four weeks unpaid leave or
unpaid work, with the pay deduction spread over three or six
The options also included switches to part-time
working or longer periods of unpaid leave. Staff will have further
opportunities to take part in the programme later in the year.
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