Ryanair tells workers up to 900 jobs could be at risk
Ryanair (RYA.L) CEO Michael O'Leary has warned employees that as many as 900 jobs could be at risk at the airline.
In a leaked video obtained by Bloomberg, O'Leary told workers that it has more than 500 too many pilots and around 400 too many flight attendants.
In addition, O'Leary suggested that by next summer Ryanair will need 600 fewer people in those categories than it had previously planned.
While a Ryanair spokesperson confirmed the authenticity of the video to Yahoo Finance UK and said that it expects 900 current staff to be impacted, it said reports that up to 1,500 jobs could be "at risk" were false.
Ryanair currently has around 5,500 pilots and around 9,000 flight attendants, which means that up to 6% of these employees could be affected.
"We over the next couple of weeks will be doing our very best to minimise job losses, but some are unavoidable at this time," O'Leary said in the video.
- This article first appeared on Yahoo