British Airways is set to slash up to 12,000 jobs as part of a restructuring plan as the carrier grapples with the fallout of the novel coronavirus pandemic, its parent company IAG said Tuesday.
The firm said it was still deliberating its options but that it was “likely that they will affect most of British Airways’ employees and may result in the redundancy of up to 12,000”.
Passenger demand will take “several years” to return to 2019 levels, it added.
