Iberia (IB, Madrid Barajas) Chief Executive Offcier (CEO) Luis Gallego says the company will undertake a new voluntary redundancy drive aimed at trimming a further 1,000 personnel.
Speaking during a quarterly conference call with journalists, Gallego was quoted by the ABC newspaper as saying the cuts are necessary to improve productivity given a recent decline in revenue, from Latin America in particular. Among the areas affected are in the maintenance/MRO sectors as well as in administration. Talks with workers unions are to begin in due course, he added.
The IAG International Airlines Group unit recently concluded another voluntary redundancy drive affecting 1,183 groundhandling personnel as well as 244 flightcrew.
