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: April 1, 2026

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

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

Frequently Asked Questions

How many workers will Iberia lay off in 2024?
Iberia plans to lay off up to 996 workers in 2024.
Which positions are affected by the Iberia layoffs?
The layoffs will affect 106 pilots and cabin crew, and 753 ground crew.
Has a negotiation process started regarding the layoffs?
Iberia has established a timetable for negotiations with workers' representatives.
Who owns Iberia?
Iberia is a Spanish carrier owned by International Consolidated Airline Group (IAG).

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