LUTON, Nov. 10, 2026 — easyJet shareholders vote on Wednesday, Nov. 11, on the £5.7 billion takeover offer from private-equity firm Apollo. On the eve of the vote, ITV News reported that the airline is consulting on head-office job cuts.
The vote
- Apollo is offering 715p in cash per share. The court meeting and the general meeting are both on Nov. 11.
- The founding Haji-Ioannou family owns about 15% of easyJet and supports the deal.
- If shareholders approve, a court sanction hearing follows (date TBA). Completion is expected in the first quarter of 2027.
Jobs
easyJet is understood to be consulting on cutting up to about 50 of its 2,300 head-office roles in Luton. The cuts are reportedly not linked to the takeover. Apollo has pledged no job cuts for 12 months after completion. Pilots’ union Balpa says its main concern is what happens to employees after that 12-month period. Airways Magazine reported in October that employee representatives in France, Portugal and Spain withheld their support and that the European Works Council opposes the deal.
What it means for non-revs
- No change to flying or schedules from the vote itself, and none of the reports mention staff travel terms.
- The ownership change is not expected to complete until early 2027, so any changes to employee benefits are a longer-term question (TBA).
Sources
- ITV News: EasyJet axing head office roles ahead of £5.7bn takeover
- Airways Magazine: easyJet Employee Representatives Oppose Apollo Takeover
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