EasyJet consults on up to 50 head office job cuts ahead of takeover vote
Business · First reported 8 Nov, 18:50 · Updated 19:43
EasyJet says it is considering cuts affecting up to about 50 roles in its 2,300-person head office workforce. The proposals come before a shareholder vote on Apollo’s £5.7 billion takeover, though easyJet says the job proposals are not linked to the deal.
- EasyJet is consulting on proposals that could remove up to about 50 roles from its 2,300-person head office team.
- The company says the proposals affect a small proportion of head office roles and are intended to support its business plans.
- Shareholders are due to vote on Apollo’s 715p-a-share offer on Wednesday; if approved, the deal is expected to complete in the first quarter of 2027.
- EasyJet says the proposed cuts are not linked to Apollo or the takeover. Apollo has said it will not cut jobs for a year after completion, while the pilots’ union has raised concerns about effects after that period.
Summary written by Lux AI from 3 articles
Key facts
- Potential roles affected
- Up to about 50 head office roles
- Head office workforce
- 2,300 people
- Offer
- Apollo offer of 715p per share, valued at £5.7 billion
- Expected completion
- First quarter of 2027, if shareholders approve
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Ownership
- Billionaire 33% (1)
- Unknown 33% (1)
- Corporation 33% (1)
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