Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Finnish airline Blue1 has announced that it will cut 160 jobs in Helsinki. According to the source, Blue1 has entered into employer-employee talks about the redundancies. The source reports that the airline is making these redundancies as the company is reducing its services due to a decline in demand.
Blue1 is a member of the SAS group. The ERM has reported on previous restructuring events at Blue1 in 2011.
Eurofound (2014), Blue 1, Internal restructuring in Finland, factsheet number 77206, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77206.