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    1. Home
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    3. >IAG's Iberia says it plans to lay off up to 996 workers
    Finance

    IAG's iberia says it plans to lay off up to 996 workers

    Published by Global Banking & Finance Review®

    Posted on March 12, 2026

    1 min read

    Last updated: March 12, 2026

    IAG's Iberia says it plans to lay off up to 996 workers - Finance news and analysis from Global Banking & Finance Review
    Tags:FinanceBankingMarkets

    Quick Summary

    IAG’s Spanish carrier Iberia has proposed a voluntary layoff plan affecting up to 996 employees, including 106 pilots, 137 cabin crew and 753 ground staff. A negotiating timetable has been established with workers’ representatives. Iberia justifies the cuts as part of a broader workforce modernizati

    Table of Contents

    • Iberia Announces Major Workforce Reductions
    • Negotiation Timetable Established
    • Details of the Layoffs
    • Reporting and Editing

    Iberia to Lay Off Up to 996 Workers as Part of 2024 Restructuring Plan

    Iberia Announces Major Workforce Reductions

    MADRID, March 12 (Reuters) - International Consolidated Airline Group's Spanish carrier Iberia said on Thursday it plans to lay off up to 996 workers.

    Negotiation Timetable Established

    Iberia said it had established a timetable for negotiations with workers' representatives.

    Details of the Layoffs

    The cuts will include 106 pilots and cabin crew and 753 ground crew, Iberia said.

    Reporting and Editing

    (Reporting by Charlie Devereux; editing by Emma Pinedo)

    Key Takeaways

    • •Iberia has formally submitted a voluntary redundancy plan (ERE) for up to 996 staff—243 from flying operations and 753 from ground services—to Spain’s labor authorities and initiated negotiations with unions. (elpais.com)
    • •Ground staff reductions break down into 305 in maintenance, 243 in ramp operations, and 205 in corporate roles; flight operations reductions include 106 pilots and 137 cabin crew. (elpais.com)
    • •The airline frames the initiative as a voluntary modernization of its workforce aligned with its digital transformation and Flight Plan 2030, rather than simply cost-cutting. (elpais.com)

    References

    • Iberia lanza un ajuste de empleo voluntario para 996 empleados

    Frequently Asked Questions about IAG's Iberia says it plans to lay off up to 996 workers

    1How many workers will Iberia lay off in 2024?

    Iberia plans to lay off up to 996 workers in 2024.

    2Which positions are affected by the Iberia layoffs?

    The layoffs will affect 106 pilots and cabin crew, and 753 ground crew.

    3Has a negotiation process started regarding the layoffs?

    Iberia has established a timetable for negotiations with workers' representatives.

    4Who owns Iberia?

    Iberia is a Spanish carrier owned by International Consolidated Airline Group (IAG).

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