LONDON - British Airways PLC is shedding 1,000 jobs, putting 3,000 more employees on part-time work, and reducing the size of cabin crews at Heathrow in an effort to get the troubled airline’s finances back in order, a spokesman said.
Paul Marston said the company is in “a very serious financial position’’ but is working hard to turn itself around. The job losses and part-time work, which he called voluntary, are the equivalent of cutting 1,700 positions. He declined to say how much the airline hopes to save.
