EasyJet to cut up to 50 head office roles before takeover
Summarised from 3 outlets · Updated 9 Nov, 11:46 · Archive
EasyJet is consulting on plans to cut up to 50 head office roles from its 2,300-strong team ahead of a £5.7 billion takeover by Apollo.
EasyJet has confirmed plans to cut up to 50 head office positions from its 2,300-strong team. The Luton-based airline says the cuts are not linked to its £5.7 billion takeover by US private equity firm Apollo, which shareholders will vote on Wednesday. If approved, the deal is expected to complete in the first quarter of 2027. Apollo is buying easyJet for 715p a share and also owns The Restaurant Group, which includes Wagamama.
EasyJet's spokesperson said the proposals affect 'a very small proportion' of head office roles and that 'our people are integral to easyJet's success'. The airline said it operates efficiently as a low-cost carrier to keep fares low for customers and invest in growth. Apollo has pledged not to cut any jobs for a year after completing the takeover. However, the British Airline Pilots Association has raised concerns, saying 'important questions remain regarding the long-term implications of the transaction'. UK and European unions have also voiced concerns about possible job cuts following the Apollo deal and the debt it would place on easyJet's balance sheet.
How it is being reported
- EasyJet to slash jobs ahead of £5.7bn private equity takeoverEasyJet is slashing jobs at its head office ahead of a £5.7billion takeover by private equity.This is Money · 9 Nov, 12:07
- EasyJet axing head office roles ahead of £5.7bn takeoverThe Luton-based carrier is consulting on proposals that could see up to about 50 head office roles axed out of a 2,300-strong team.Evening Standard · 9 Nov, 11:27
- EasyJet axing head office roles ahead of £5.7bn takeoverThe Luton-based carrier is consulting on proposals that could see up to about 50 head office roles axed out of a 2,300-strong team.Independent Business · 9 Nov, 11:27
In this story: EasyJet · Apollo · Luton · British Airline Pilots Association · The Restaurant Group
This summary was written by AI from the headlines and standfirsts above, and states as fact only what at least two outlets report. How we use AI · Report a problem · Corrections log
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