British Airways to cut 35% of its management

British Airways is to cut nearly 600 management jobs by March 2008.

That will account for 35% of the management team of Europe’s third-largest airline and should save £50m.

The number of senior managers will be reduced by half – from 414 to 207.

And there will be a 30% cut in the number of middle managers – from 1,301 to 911.

The saving is part of previously-announced targets to cut costs by £300m by March 2007, said Willie Walsh who took over as BA CEO from Sir Rod Eddington earlier this autumn.

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“The decision to embark on a major reduction in management numbers is not one I have taken lightly,” he said.

It is not yet clear which departments will take the brunt of the cuts.