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Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today. More about Duffy Investment Investment Banks. Already subscribed? Log in. Flybe had already cut jobs under its previous boss. Its new chief executive, Saad Hammad, said it had been clear the cost savings were necessary, but the company needed to do more and do it immediately.
He said jobs would go "across the ranks: pilots, cabin crew, engineers management. It's unfortunate it needs to be done to be relevant and viable. We've got to secure the business — it's the lesser of two evils. The Unite union said it would scrutinise the business plan to limit job cuts. National officer Oliver Richardson said: "Cabin crew have already been through one major reorganisation at Flybe only recently and they will be angry that once again they are on the front line of more cuts.
This article is more than 8 years old. Gordon Brothers, which bought part of the Blockbuster chain earlier this year, admitted its turnaround strategy had not worked.
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