British Airways staff threaten strike action over a new 'hire and fire' pay deal

British Airways (BA) is facing backlash from its staff due to an ultimatum requiring 40,000 employees to sign new contracts with reduced pay or face termination and rehiring under less favorable terms. The pandemic has exacerbated the situation, leading to emotional and financial distress among employees. The union, led by Len McCluskey, has expressed outrage and is considering industrial action. BA argues that these changes are necessary to remain competitive with low-cost airlines, especially given the current market uncertainties and reliance on North American and business class traffic. The airline plans to make 12,000 redundancies, with remaining staff given 10 days to decide on the ultimatum, marking a critical period for both the company and its employees.

What actions did the union consider in response to British Airways' ultimatum?

What are the potential consequences of the job losses and changes in working conditions at British Airways?