Virgin Atlantic, founded in 1984 by famous British businessman Richard Branson, announced that it will lay off another 1,150 employees.
Strained by the pandemic and related travel restrictions, the airline reorganized in mid-July, backed by a £ 1.2 Billion capital package.
Having completed the new capital-related transactions, Virgin had 10,000 employees at the beginning of the year, but in May cut 3,550 jobs including some volunteers.
In company’s recent press statement Virgin Atlantic CEO Shai Weiss said:
“After the sacrifices so many of our people have made, further reducing the number of people we employ is heart-breaking but essential for survival. I truly hope that as demand returns, we will see many members of our team returning to us. The unique spirit of our people, the passion we have for our customers and each other, and the drive to do things better has been tested but not broken. There will be a recovery, the timing and speed of which is uncertain. When our customers return to the skies we will be there to welcome them onboard with belief in our future. It is then that we will appreciate that everything we have done, painful to so many, was worth it.”
This post was published on %s = human-readable time difference 2:42 pm