Finnair to cut up to 1,000 jobs

imageEconomy18 minutes ago (Aug 25, 2020 05:25AM ET)

(C) Reuters. FILE PHOTO: A Finnair Airbus A320 aircraft at Manchester Airport in Britain

(Reuters) – Finnair (HE:FIA1S) plans to cut up to 1,000 jobs, about 15% of its workforce, while continuing long-term temporary layoffs for thousands in Finland, it said on Tuesday, citing the impact of the COVID-19 pandemic.

Separately, Finnair said it has raised its annual savings target to 100 million euros ($118 million) from 80 million euros after a review of potential savings.

Finnair to cut up to 1,000 jobs

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