News - London

Ryanair pilots to take 20% pay cut after boss Michael O'Leary issues jobs ultimatum

Joanne Ray 0 103

Ryanair pilots have agreed a temporary 20 per cent pay cut to limit job losses hours after chief executive Michael O'Leary gave them a public ultimatum. In an interview with the BBC, Mr O'Leary said that 3,000 people would lose their jobs unless all staff agreed to reduce their pay.