- EasyJet has confirmed plans to cut head office jobs ahead of its £5.7bn private equity takeover
- Up to about 50 head office roles could be axed out of a 2,300-strong team
- EasyJet agreed in July to a takeover for 715 pence a share by US firm Apollo
- Shareholders are voting on the deal on Wednesday
- Unions have voiced concerns over possible job cuts
EasyJet has confirmed plans to cut head office jobs ahead of its £5.7bn private equity takeover. The 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. It comes after EasyJet agreed in July to a takeover for 715 pence a share by US firm Apollo, which also owns Wagamama-owner The Restaurant Group.
Shareholders are voting on the deal on Wednesday and if approved it is expected to complete in the first quarter of 2027. The job cuts are not linked to Apollo or the takeover. EasyJet reported its people are integral to its success and as a low-cost airline it always operates efficiently to keep fares low.
Unions in England and Europe have voiced concerns over possible job cuts at EasyJet after the Apollo deal and debts that would be heaped onto the airline’s balance sheet. Apollo has vowed not to cut any jobs for a year after completing the takeover. The British Airline Pilots Association raised concerns saying important questions remain regarding the long-term implications of the transaction.
