More Cuts To Come at Flybe

Exeter, UK-based Flybe plans to slash another 500 jobs as part of a continuing cost-cutting exercise centered on removing excess capacity and improving worker productivity. The announcement follows an earlier round of cuts that saw Flybe shed 590 jobs this year. The company employed some 2,700 people at the end of September.

“It was clear to me that the existing Phase 1 and 2 cost savings were necessary, but we simply needed to do more and do it immediately,” said Flybe chief executive Saad Hammad in a statement. “The business needed action now and so today we are explaining our next phase, which encompasses a review of everything we do and how we do it…Unfortunately, there is a proposal for further redundancies.”