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Latest NewsEconomics, government & businessJob creation and losses

Airport operator BAA to cut up to 2,000 jobs as part of cost reduction exercise

by Gareth Vorster 30 Aug 2007
by Gareth Vorster 30 Aug 2007

Airport operator BAA is planning to cull up to 2,000 jobs as part of a cost reduction exercise, according to an article in The Times.

It said that BAA’s parent company, Spanish based Grupo Ferrovial SA, told its seven British airports to conduct cost and staffing reviews.

BAA runs seven UK airports including Heathrow, Gatwick and Stansted and Southampton in England and Edinburgh, Glasgow and Aberdeen in Scotland.

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A BAA spokesman admitted to The Times that there would be job cuts, but said: “There is no final number. This is a simplification exercise aimed at support staff much more than front-line staff. It’s not simply about costs. It’s about building a much leaner and more efficient business.”

BAA employs 15,000 people world-wide, including 13,000 in the UK.

Gareth Vorster

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