BA set to slash purchasing function_3
18 July 2012
A corporate shake-up at British Airways has extended to the troubled airline’s purchasing department, with claims that 20 per cent of jobs will be lost as part of a restructuring programme.
According to Bill Sloan, a former senior manager for aircraft contracts at BA, the company plans to cut one-fifth of its procurement staff. Several senior purchasing staff at the airline were “looking about” for other employment, while a number had already taken early retirement packages, added Sloan, who is now director of purchasing at investment bank Merrill Lynch...