The daa, which manages Dublin and Cork Airports, has revealed plans for voluntary severance, career breaks and work practice reforms in a bid to address the collapse in passenger numbers and revenue due to the Covid-19 virus.
In a bulletin to staff, Chief Executive Dalton Philips said the company has no option but to make very significant cost savings in every area of the business - by cutting all non-pay costs, reviewing capital spending, introducing new ways of working and "re-sizing" the company to bring it more in line with lower expected passenger traffic in the medium term.
He told staff that depending on their length of service, they may be eligible for three options: voluntary severance, a career break, or reduced hours working -