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Market Chatter: EasyJet Reportedly Plans 50 Job Cuts Ahead of Apollo's GBP5.7 Billion Takeover
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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.)
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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