BA rocked as 500 top bosses quit; EXCLUSIVE ROW.Byline: by STEPHEN MOYES THE panicking board of British Airways British Airways in full British Airways PLC International passenger airline based in London. In 1936 British Airways Ltd. was founded through the merger of three smaller airlines. yesterday demanded chief executive Willie Walsh Willie Walsh (born in 1961) is an Irish airline executive. He is currently the Chief Executive Officer of British Airways and is a former Chief Executive of Aer Lingus Early life Walsh was born in Dublin, Ireland. He attended his local secondary school Ardscoil Rís. explain why 500 senior managers quit. They are nervous after the staff - many with up to 30 years' experience - accepted voluntary redundancy voluntary redundancy n (BRIT) → despido voluntario voluntary redundancy n (Brit) → départ m volontaire (en cas de licenciements) . The mass exit has triggered major fears over safety, security and operational abilities. Chairman Martin Broughton apparently called Walsh to ask who was actually going to run the airline. A senior airline source said: "To lose 500 of the most senior management in one day is extraordinary. "It is a real threat to the stability of the airline." One BA board member admitted: "We are panicking." The brutal round of cuts comes as BA tries to slash its wage bill by pounds 170million. Walsh had made it clear scores of managers had to go. A BA spokesman said: "The number of redundancies is in line with our expectations." CAPTION(S): COST-CUTTING Walsh |
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