Finnair fires around 700 employees

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Finnair
A Finnair aircraft

(TAN): Finnair has fired around 600 people in Finland and 100 outside of the country. The job cuts are part of the airline’s plans to fire as many as 1,000 people, apart from further layoffs, the airline said.

The airline has cited “the extreme market changes caused by the pandemic,” as the reason for the job cuts. The redundancies will be implemented by the end of March 2021. Finnair currently employs approximately 6.500 employees in total.

“I’m grateful that together with our employees, we were able to find savings solutions which helped us to save approximately 150 jobs at Finnair. The corona pandemic has been completely unfair to our industry and unfortunately many Finnair employees now must experience its financial implications personally,” said CEO Topi Manner.

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“The changes are, however, necessary and inevitable. Finnair’s re-build requires us to be competitive when aviation gradually starts to recover. Therefore, in the future, we will have to do many things differently in order to succeed in the competitive market.”

In addition to the redundancies, Finnair continues temporary layoffs impacting most of its employees in Finland. For many, the temporary layoffs may continue for a long time as the recovery of aviation will take several years according to the industry estimates.

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