Unemployment in Europe has risen as a result of the coronavirus pandemic, and airlines and the sector are making some of the biggest task cuts.
Around 397,000 people in the European Union lost their jobs in April, according to the EU statistics agency, published in June.
The EU unemployment rate rose to 6.6% in April, after a 12-year low of 6.4% last month, according to Eurostat. This is the largest building in several years.
While licensing systems (which put staff on temporary transit leave and the government pay a percentage of their wages) across Europe, assistance to protect themselves from the economy has an effect on COVID-19, others are less fortunate.
Here’s our updated list of corporations in Europe that are cutting jobs due to, or partly because of COVID-19.
British oil BP announced plans to cut 10,000 jobs on June 8 due to the coronavirus crisis, which has reduced global oil demand and, as a result, its prices.
In a company-wide email noticed through Euronews, CEO Bernard Looney showed the task cuts, the maximum would be achieved this year.
He said: “Now we will begin a procedure that will cause only about 10,000 people to leave BP, peak until the end of this year.”
Although the email did not specify where the layoffs would take place, he said: “Most of those affected will be in jobs. We protect the company’s front line and, as always, prioritize and entrust operations.”
Strongly affected through COVID-19 in terms of “cash flow” and “operating costs,” the sandwich chain said in a notice through Euronews that it would close 30 outlets across the country, almost a part of them in London.
Pret didn’t say how many jobs would be cut. The company employs another 8,000 people in the UK.
“When the coronavirus crisis came, we said our priority to protect our people, our consumers and, of course, Pret. We have shown that we intend to do everything we can to save jobs,” said Pano Christou, PREt’s CEO.
“While we have been able to do so through blocking, thanks specifically to the importance of government, we cannot defy gravity and continue the business style we had before the pandemic. That’s why we’ve adapted our business and discovered new tactics to succeed in our customers.”
Even luxury fashion can’t take a break with the coronavirus. Mulberry, the British logo known for its beloved leather goods and handbags, said Monday would reduce its overall by 25%.
Most of the jobs are expected to pass to the UK, where the vast majority of his work.
The restaurant chain owner fell into management, declaring an immediate loss of 1,900 of its workforce.
Several buyers would reportedly be interested in the separate chains, but want to take over the 250 outlets.
As a result, at least 91 restaurants will be closed.
Aviation corporation Swissport said it could cut 4556 jobs in the UK and Ireland, being the new victim of the coronavirus pandemic, as it continues to wreak havoc in the airline industry.
Swissport Western Europe, which operates at London Heathrow and Gatwick airports, said in a statement that it had to reduce the crisis.
The company, which employs more than 64,000 people worldwide, told Euronews that it is inevitable that staff in Europe will also be dismissed, but did not specify how many jobs were at risk.
British Airways announced last April that it would eliminate up to 12,000 jobs from its 42,000 workers due to the devastating effects of coronavirus on the travel industry.
The airline’s parent company, International Airlines Group (IAG), said it will need to impose a “restructuring and redundancy program” until air returns are requested to pre-coronavirus levels.
Job losses could also occur at IAG’s other airlines, Iberia and Vueling in Spain and Ireland’s Aer Lingus, CEO Willie Walsh has warned.
Cheap British airline EasyJet also announced that it would cut jobs as a result of coronavirus.
The company said it would be reduced by 30%, representing about 4,500 jobs.
At the end of June, EasyJet said it also contemplated the final 3 of its bases in the UK.
The airline has announced that it will eliminate more than 3,000 jobs in the UK and end operations at Gatwick Airport.
The UK’s largest national and regional news publisher, which also owns Daily Express and Daily Mirror, announced on 7 July that it would reduce 12 according to the penny of its workforce.
“Structural replacement in the media sector accelerated the pandemic,” said Group CEO Jim Mullen, adding that “to meet these demanding situations and increase our visitor pricing strategy, we have completed business transformation plans.”
“Unfortunately, those plans involve a reduction in staffing.”
British store Boots, known for its well-looking pharmacies, retail and optics stores, will cut 4,000 jobs, or about 7% of its workforce.
It’s the 48 Boots Opticians retail stores and they’ll get a 20% reduction at the UK office, parent company Walgreens Boots Alliance said in a statement.
Although Boots’ pharmacies remained open at closing, the company stated that “store attendance had declined significantly.”
“We recognize that today’s proposals will be very difficult for the remarkable people at the heart of our business, and we will do everything in our power to provide maximum comprehensive help this period,” said Boots UK Chief Executive Officer Sebastian James.
John Lewis will close 8 outlets with a prospect of 1,300 task cuts, the company said in a statement.
The closing ones are in Birmingham, Croydon, Heathrow, Newbury, St Pancras, Swindon, Tamworth and Watford.
“Our priority now is the well-being and long-termness of the spouses involved, and if the loss of homework is confirmed, we will explore the opportunities for those who wish to remain in John Lewis’s marriage,” the spouse and CEO Bérangére Michel said in a statement. .
Low-cost airline Ryanair said it would cut 15% of its international, about 3,000 jobs, after the floor-flight pandemic.
Chief Executive Michael O’Leary said the measures were “the minimum we want for the next 12 months.”
O’Leary took a 50% pay cut for April and May and has now extinguished it until the end of March next year.
French car manufacturer Renault announced last May that it would cut 15,000 jobs internationally as it tried to succeed over the fall in car sales, which were reduced due to the coronavirus.
4,600 of these works would be cut in France. However, this figure may decrease, as Renault received a government loan of five billion euros and in return would restructure its factories.
French President Emmanuel Macron told Renault’s two-storey workers that his long term was guaranteed.
Renault, which is partly owned by the French government, is under pressure even before the COVID-19 coup and recorded its first defeat in a decade last year. He is also looking to get rid of Carlos Ghosn’s spectrum.
Task cuts are components of their savings plans of 2 billion euros over the next 3 years.
Airbus announced on 30 June that it would cut 15,000 jobs as it faced “the greatest serious crisis the sector has experienced.” This represents a 1% relief in the company worldwide.
This worsens the outlook for the European aircraft manufacturer, who said it could cut to 10,000 jobs in the midst of the coronavirus crisis.
Some 5,100 jobs will be eliminated in Germany, 5,000 in France, 1,700 in the UK, 900 in Spain and 1,300 at the group’s sites worldwide.
Airbus announced in April that it would increase the number of aircraft by one-third, and airlines would cancel or delay orders due to flight closures.
Air France says it will cut 7,500 tasks until 2022. This includes 6,500 task cuts for Air France, while 1,000 will be lost at the regional subsidiary Hop.
According to the French standard-bearer, most of the cuts will be made without replacing the staff who resigned and retire.
He said it would also inspire voluntary resignations and resignations before the layoffs were despite everything implemented.
A French court placed corporate coach Eurolines in liquidation, and French shipping operations detained after 35 years.
It came after Eurolines was bought out by German group FlixBus last year, but unions have claimed the holding company refused to look for a buyer and is taking advantage of the coronavirus pandemic to axe jobs.
Resolution considerations 36 other people still hired through Eurolines, adding more than 50 redistributed in a task preservation plan.
When asked through Euronews, Eurolines control said that insolvency proceedings “are inevitable because of the monetary scenario in which the company is unearned.”
He added that the company’s monetary difficulties had been “sudden and hugely upset by the economic and fitness crisis through the COVID-19 pandemic, which affected all road passenger shipments and an unprecedented global drop in demand.”
But the unions claimed that the holding company refused to look for a client and took advantage of the coronavirus pandemic to cut jobs.
“Flixbus has emptied its Eurolines substance, will regain the market percentage and is now looking to get rid of workers without paying anything,” Pierre-Fransois Rousseau, a lawyer representing Eurolines workers, told AFP.
Anglo-German company Tui announced on 13 May that it would cut 8,000 jobs worldwide.
In a six-monthly monetary report, he said the pandemic “is certainly the biggest crisis the tourism industry and Tui have experienced.”
In March, Tui secured a loan of 1.8 billion euros from the German government through the pandemic.
Industrial conglomerate Thyssenkrupp announced on March 25 that it would eliminate 3,000 jobs at its metal plant in Germany from a COVID-19 “crisis package”.
The group, which manufactures elevators and submarines, said it had reached an agreement with the tough German industry union IG Metall to cut 2,000 jobs over the next 3 years and 1,000 by 2026.
On 6 July, the German aircraft engine manufacturer announced its goal of reducing it by 10-15% by the end of 2021 at its German and foreign plants through the “increased use of flexible measures” and partial or early retirement agreements.
German airline Lufthansa said on June 11 that it would reduce 22,000 tasks due to disruptions caused by the coronavirus. The airline said some of the task cuts would be in Germany.
The Japanese car manufacturer announced on May 28 that it would be its Barcelona plant, which employs about 2,800 people.
Protests broke out and others burned tires to remove them to fight for their jobs.
The company stated that the coronavirus had put pressure on the company and would do so in its Asian and North American markets.
The company, which manufactures escalators, sidewalks and elevators worldwide, announced on July 24 that due to the effect of COVID-19 and “to maintain its competitiveness”, it would eliminate 2,000 jobs worldwide.
It follows an announced 12.1% contraction in the “receipt of orders in the first part of 2020”.
While Scandinavia Airlines (SAS) also announced cuts to transitority tasks in March, a month later it announced that 5,000 tasks, or nearly a portion of the total number of employees, would permanently lose their tasks.
The company, part-owned by Sweden and Denmark, said that the potential reduction of the workforce would be split with approximately 1,900 positions in Sweden, 1,300 in Norway and 1,700 in Denmark.
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