RIGA - Latvia's airBaltic national carrier plans to cut 700 jobs in total and to rehire its staff when growth resumes, airBaltic CEO Martin Gauss told LETA.
"This year, our total capacity will be reduced by around 40 percent. Accordingly, we want to adjust it to the number of employees. We have warned the employment authorities and trade unions that we are planning to reduce the number of employees by 700 people," Gauss said.
He said that the airBaltic staff will be reduced in various ways. "There are various ways. We offe...
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