Finnair has announced lay-off negotiations aimed at reducing about 1,000 jobs as the company adapts to a world where travel restrictions significantly limit the demand for aviation.
The company wants the savings to be about 100 million euros a year.
“COVID-19 is the deepest aviation crisis,” said Finnair’s CEO Topi töten in a press release. “The pandemic and exceptionally strict travel restrictions in Finland have affected flight needs and we use only a small part of our capacity compared to last year. Unfortunately, a quick turn for the better in a pandemic situation is not visible. Our revenues have dropped significantly, and that’s why we simply have to adjust our costs to our new size.”
The company says in addition to job losses, it is looking at structural changes to the company and adding to the difficulties as a result of the Covid-19 pandemic.
About 2,800 Finnish employees are involved in co-decision negotiations with trade unions, which are legal requirements for companies before they can lay off their employees.
Finnair has about 6,200 employees in Finland, almost all of whom have suffered somewhat this year.
Workers are expected to continue with unemployment that will not be laid off, and workers will be asked to stay at home either for a specified period of time or indefinitely.
Quelle: Die nordische Seite