Business

Airport authority will lay off a quarter of workforce

By Hannah Scott, Local Journalism Initiative reporter

Published 11:28 PDT, Mon May 11, 2020

Last Updated: 4:20 PDT, Wed May 27, 2020

The Vancouver International Airport (YVR) is downsizing due to the devastating impact of the COVID-19 pandemic.

Following a recent announcement that shared the airport authority’s plans to offer voluntary departure packages to all employees, this week they will issue layoff notices to some members of their workforce. Despite newly-announced funding for large employers, the airport authority has explored all other options in terms of cost cutting.

The current workforce has served 26 million passengers per year. YVR now expects to serve between eight and 15 million passengers per year for each of the next three years.

Both management and bargaining employees are affected by the current round of layoffs. Reductions total 25 per cent of the airport authority’s more than 500 employees.

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