Europe

Finnair starts talks to cut 120 jobs in Finland

Finnair announced on Thursday that it will begin talkative negotiations with staff on the termination of up to 200 jobs globally, including 120 in Finland.

Finland’s majority national airline said the negotiations involved its 770 employees who work in Finland as executives, experts and managers. However, they do not relate to crew members or other operational employees in their countries of operation.

The workforce reductions are part of a strategic effort to return profitability to pre-pandemic levels and transition to operations at smaller capacities.

“Russia’s invasion of Ukraine and the closed Russian airspace have had a significant impact on our business. We need to discuss appropriate measures.” commented Topi ManorCEO of Finnair.

The airline said it would also discuss setting up a social assistance program for employees who may lose their jobs due to job cuts.

Finnair in September clearly The airline intends to “balance” its route network and reduce its fleet as part of a strategic rethink necessitated by the war in Ukraine. We have set a target of achieving similar pre-tax earnings and 5% before other adjustments by 2020.

The company has implemented over €200 million in cost-saving measures over the last 30 months.

Alexi Teiweinen – HT

https://www.helsinkitimes.fi/business/22282-finnair-to-start-talks-over-reducing-120-jobs-in-finland.html Finnair starts talks to cut 120 jobs in Finland

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