British Airways to Cut 3,000 More Jobs: CFO

Airtime: ET

“What we are seeing is an industry that is going through a severe recession,” British Airways CFO Keith Williams told CNBC Friday. The airline is “responding to a structural change in the industry,” he said, adding that “manpower has been down about 10% in the last 12 months,” and over the next six months, “another 3,000 people (will) leave the airline.”