February 12, 2013 / 1:25 PM / 5 years ago

UPDATE 1-Iberia presses for major job cuts despite strike threat

* Iberia to cut 3,807 jobs in deep restructuring plan

* Starts 30-day negotiating process with unions

* Unions ready for 15 days of strikes in February and March

MADRID, Feb 12 (Reuters) - Spanish airline Iberia pressed ahead with its job cuts plan on Tuesday, saying it was now aiming for 3,807 redundancies, despite a threat by unions to take strike action later this month.

Iberia, part of the International Airline Group, has said the job reductions are necessary to allow the loss-making airline to return to growth.

The job cuts will comply with Spanish labour laws, Iberia said in a statement, which allow pay-offs of only a year’s salary.

Iberia had originally planned to axe 4,500 jobs, a quarter of its workforce, but later presented unions with a plan for 30 percent fewer reductions. Unions rejected the proposal and called for strikes over 15 days between February and March.

The plan for the job reductions will now undergo a formal 30-day consultation process with unions, Iberia said.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below