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Update: Market Chatter: EasyJet Reportedly Plans 50 Job Cuts in England

MT Newswires·11/09/2026 12:26:52
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12:26 PM EST, 11/09/2026 (MT Newswires) -- (Updates to add more information and easyJet's statement) EasyJet (EZJ.L) launched consultations on the proposed termination of 50 roles at its headquarters in Luton, England, The Times reported Monday. The British budget airline is planning to trim its workforce before a 12-month layoff moratorium takes effect upon completion of its 5.7 billion-pound-sterling takeover by Apollo Global Management, the report said. A source close to the carrier noted that the cuts are unrelated to Apollo's takeover. "Our people are integral to easyJet's success and as a low-cost airline we always operate efficiently so we can keep fares low for our customers and invest in future growth opportunities. These proposals affect a very small proportion of head office roles to ensure we are best set up to support the business' ambitious plans," the company told MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)