Finnair has ended the change negotiations that were started early October on its plan to reduce 200 jobs globally. The plan was linked to Finnair’s new strategy published on September 7, which is aiming to restore Finnair’s profitability. Due to the dramatic changes in Finnair’s operating environment caused by the closure of Russian airspace, Finnair now will reduce its workforce by approximately 90 jobs in Finland, though some of those employees will be offered a new role at Finnair. Outside Finland, 57 jobs will be lost and the personnel reductions will be implemented by the end of February 2023.
“Finnair employees are committed professionals, who in many ways have already had to stretch, first during the pandemic, and then because of the war started by Russia. I’m deeply sorry that we must take these difficult but necessary measures in our quest to restore our profitability,” says Topi Manner, Finnair CEO.
The change negotiations concerned some 770 employees in Finland who work in executive, management and expert roles. Finnair has a total of approximately 5,300 employees globally and will offer those who become redundant support in relation to re-employment through the NEXT change security programme. This includes individual career coaching and training opportunities.
Finnair continues its determined actions to restore its profitability, for example through decreasing unit costs and strengthening unit revenues.