Following negotiations between Iberia airlines and its workers, IAG, created from the merger of British Airways and Iberia, has accepted a compromise proposal put forward by a government-appointed mediator.
The proposal would save the jobs of 666 workers and increase redundancy payouts for others, Reuters reports. Iberia had originally planned to cut 3,807 jobs, but agreed to the mediator’s compromise to stop further strike action. Unions said they were also largely in favor of the proposal.
Worker representatives will meet with the mediator again on Wednesday, March 13, when they must decide whether to back the proposal.