FinnAir Layoffs Job Cut: may fire 1600 employees temporarily: Finance Trading Times

FinnAir Layoffs Job Cut: may fire 1600 employees temporarily

The bad news keeps coming from the airline sector. It was American Airline Layoffs Job cut, then it was Delta Airline Layoffs Job cut, then it was United Airline Layoffs Job Cut and now the news is for the FinnAir which is going for layoffs. The news is not good for the employees of FinnAir, the european airlines from Finland. Now the situation is getting worse for the employees as the recession is taking a toll on all sectors and all of the sectors are feeling the heat. The latest additon to the list of organization which may go for layoffs is the FinnAir. FinnAir Logo

How many employees may be fired in the FinnAir layoffs?
The news is that there may be 1600 job cuts by the FinnAir. Though the company terms these layoffs as temporary

What is the total no. of employees of FinnAir ?
Total No. of employees of FinnAir is 9500 as of now.

What will be the cost and savings by FinnAir layoffs?
The savings are expected to double and reach 100 million Euros or 135 million USD.

When will the FinnAir layoffs happen?
As per the reports, the layoffs will be done starting next month i.e. in April 2009.

Which locations and department of employees will be affected by the FinnAir layoffs ?
The organization is looking for temporary layoffs for all technical workers.

What is the primary reasons for FinnAir layoffs?
High fuel costs and heavy competition from other airlines are the main reasons for job cuts. The company is also going for other cost cutting measures.

Any other news about FinnAir layoffs
As per IHT, Earlier this month, the national carrier said it will begin enforced time off for some 700 pilots and up to 1,700 cabin stewards and air hostesses in April.
Let's hope that alternative jobs are available to the affected employees of FinnAir Layoffs Job Cut
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