British Airways Owner IAG to Cut 4,500 Iberia Jobs

British Airways parent International Consolidated Airlines Group SA said it will eliminate 4,500 jobs at Spanish unit Iberia -- or more than one-fifth of the total -- after third-quarter profit tumbled 25 percent.

Most Recent Videos

Apple Mints Cash: Surveillance (01/28)
41:29 - Jan. 28 -- Full episode of "Bloomberg Surveillance." Guests: Brian Wieser, Carl Riccadonna, Christopher Weafer, Anders Corr, Daniel Alpert and Brian Kelly.
  • Yahoo’s Mayer, Apple’s Cook: What Do They Do Next?
  • The Historic Blizzard That Wasn’t: Surveillance (01/27)
  • Zillow CEO Sees Huge Regional Differences in Housing