Virgin Atlantic Airways

Virgin Atlantic to Cut 500 Jobs

Virgin Atlantic to Cut 500 Jobs

British carrier Virgin Atlantic announced today that it will be cutting about 500 managerial and support jobs. The news is being announced a few months after the airline announced a 14.4 million pound pre-tax profit for the year 2014, after three previous years of losses.

Virgin Atlantic, based at Crawley in West Sussex and employs over 9000 employees, made the announcement today but has not given any indication to which locations the jobs would be eliminated. Virgin representatives did state that none of the jobs would be from frontline positions.

Owner and founder of the Virgin brand, Sir Richard Branson said the aim was to create a simpler and more efficient structure with fewer management layers.

Virgin Atlantic announced last year a £300m enhancement program of investment. The program includes upgrades to aircraft including installing Wi-Fi on all aircraft by 2016. In addition the airline has also begun scrapping routes it finds unprofitable.

Virgin Atlantic Airways

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