Iberia has announced it will be cutting 22% of its workforce, amounting to 4500 jobs in an attempt to save the loss making company. Iberia said it will restructure to focus on fewer but profitable routes. The company set a deadline f0r 31 January 2013 to agree with trade unions on a social plan. The announcement of the cuts was made on the same day it became known that the airline is seeking to buy low cost carrier Vueling. Trade unions have threatened to start a six day strike just before Christmas if the current plans go ahead.
English: http://elpais.com/elpais/2012/11/09/inenglish/1352456804_467980.html
http://elpais.com/elpais/2012/11/27/inenglish/1354029177_012016.html
Spanish: http://economia.elpais.com/economia/2012/11/09/actualidad ...
For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.