Finnair begins to execute downsizing plans

In an attempt to increase profits, Finnair has started “change negotiations” with its employees to reorganise the company through personnel redundancies and changing job descriptions. This new plan aims at building Finnair’s different functions to meet the size of the company and the changes in Finnair’s operating environment. Finnair will be operating with a smaller capacity than before the pandemic. Finnair CEO Topi Manner said: “Russia’s invasion of Ukraine and the closed Russian airspace have impacted our business significantly. Thus, in addition to other actions to restore Finnair’s profitability, we have to discuss measures that are, unfortunately, the most painful