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.
Domestic airline operator Flybe Finland has begun co-determination talks concerning its entire staff with announced reductions of up to 90 employees. The cuts, which amount to around 13pc of Flybe Finland’s entire staff, are due to a decline in passenger numbers because of the recession and increased competition from other airlines. It is still unknown what kind of positions the cuts will affect and which routes will be affected.
Flybe Finland currently employs 700 people. Flybe Finland is part of Flybe Nordic which is owned by Finnair and Flybe.
Updated, 10-10-2014: Flybe announced that 90 jobs are to be cut. Of these, 31 are pilots, 35 cabin crew, 20 clerical employees, and 4 maintenance personnel.
Eurofound (2014), Flybe Finland, Internal restructuring in Finland, factsheet number 77621, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77621.