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Company News

Finnair to cut up to 1,000 jobs

FILE PHOTO: A Finnair Airbus A320-200 aircraft prepares to take off from Manchester Airport, Britain September 4, 2018. REUTERS/Phil Noble

(Reuters) - Finnair FIA1S.HE 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.

Reporting by Tarmo Virki in Tallinn; Editing by David Goodman

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