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Wave of job cuts set for LOT

17th December 2012
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600 people, mainly ground crew, will lose their jobs

The job cuts come after the airline asked the government for aid
Courtesy of Wikimedia Commons

LOT Polish Airlines is set to implement job cuts that would see at least 600 people lose employment, but which are expected to save the company as much as zł.300 million annually.

According to Rzeczpospolita, the reductions would mainly affect the company’s ground staff. Of the airline's estimated 2,300 workers, 340 ground crew, 105 pilots, 122 flight crew members and 33 associates working in overseas offices are set to lose their jobs.

The program will start with a voluntary leave option, followed by a wave of group layoffs. The national air carrier would also reduce the number of flights serviced by Embraer 170 and Boeing 737 aircraft that LOT leases. In 2011, LOT reported a zł.145.5 million loss.

This year, LOT was initially expected to do far better, but earlier this month asked for state aid that could reach up to zł.1 billion. In the aftermath, the company's president, Marcin Piróg, was sacked.

Poland A.M.


From Warsaw Business Journal


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