TAP’s restructuring plan will require a downsizing of the airline in terms of fleet, routes and workers. The document is expected to be delivered to the government next week and foresees, in the worst case scenario, the reduction of up to 2,000 jobs in the group, which includes other companies such as Portugália and GroundForce.
BCG consultants, who assisted the company in the design, propose different paths that could mitigate the size of the staff cuts. The goal is to ensure a reduction in remuneration costs of the order of 150 million euros next year with other measures, in addition to resolutions: an early retirement plan, in which the state will have to create the conditions through legislation and which negotiated with the trade unions. And also transversal wage cuts by reducing the working hours of the workers of the TAP group, whose service is provided by over 10,000 people.
Content reserved for subscribers. To read the full version, log into JE Reader here