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British Airways

I just stumbled across this news article in The Guardian

Willie Walsh, the struggling airline’s Chief Executive, has already announced he will not take his salary in July. Keith Williams, the airline’s chief financial officer, will also be working unpaid for the month.

The airline announced that staff will be able to opt for one-week blocks of unpaid leave or unpaid work, with salary deductions spread over three to six months.

BA’s in-house newspaper, British Airways News, made the announcement to staff.

“Colleagues are being urged to help the airline’s cash-saving drive by signing up for unpaid leave or unpaid work,” it said.

Quite frankly, I think some employers are using the current economic crisis to take advantage of employees. I guess if the employees don’t agree to the Chief Executive’s half-baked suggestion, he’ll start dropping that dreaded word – redundancy.

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