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Iberia presses for job cuts despite strike threat

Source: Reuters - Tue 12th Feb 2013
Iberia presses for job cuts despite strike threat

Spanish airline Iberia pressed ahead with its job cuts plan on Tuesday, saying it was now aiming for 3,807 redundancies, despite a threat by unions to take strike action later this month.

Iberia, part of the International Airline Group (IAG), has said the job reductions are necessary to allow the loss-making airline to return to growth.

The job cuts will comply with Spanish labour laws, Iberia said in a statement, which allow pay-offs of only a year's salary.

Iberia had originally planned to axe 4,500 jobs - 25% of its workforce - but later presented unions with a plan for 30% fewer reductions. Unions rejected the proposal and called for strikes over 15 days between February and March.

The plan for the job reductions will now undergo a formal 30-day consultation process with unions, Iberia said.