Åland shipping company Viking Line will reduce staff in light of the corona pandemic, which has seriously worsened operating conditions. This is stated in a press release.
To minimize the negative impacts, the functions of the country organization are being reorganized by adjusting human resources and the company is initiating cooperation negotiations. The negotiations affect the company's entire country personnel of approximately 570 people in Finland, Sweden, Estonia and the Åland Islands.
The planned measures are estimated to lead to the transfer to part-time work, layoffs or dismissal of a maximum of 200 people. Negotiations will begin on September 1 and are estimated to last six weeks.
Viking Line made an operating loss of 27.4 million euros, 280 million SEK for the first half of the year.
Viking Line's shares, which are listed in Helsinki, have fallen 14 percent this year.
Source:Finwire
