-+ 0.00%
-+ 0.00%
-+ 0.00%

Market Chatter: EasyJet Reportedly Plans 50 Job Cuts Ahead of Apollo's GBP5.7 Billion Takeover

MT Newswires·11/09/2026 04:52:55
Listen to the news
04:52 AM EST, 11/09/2026 (MT Newswires) -- EasyJet (EZJ.L) reportedly launched consultations on the proposed termination of 50 roles ahead of Apollo Global Management-backed 5.7 billion-pound-sterling takeover offer, 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 the deal, the report said. EasyJet did not immediately respond to a request for comment from 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.)