US EditionMass Layoffs At Icelandair
3 Articles
3 Articles
"Decisions like this are always very difficult. They affect both the departing employees and those who remain and are looking forward to good work colleagues," says Bogi Nils Bogason, CEO of Icelandair, in a statement sent to the media. Icelandair laid off 38 employees from various departments today. Most of the employees worked at the company's office in Hafnarfjörður. Bogi says this is...
Mass Layoffs At Icelandair
On November 4, airline company Icelandair laid off 38 employees, Vísir reports. The majority were employed at the company’s office, Vísir’s sources claim. Despite its competitor Fly Play announcing bankruptcy in late September, Icelandair’s business has suffered strain in recent months. Its profit in the third quarter reached seven billion ISK, compared to 8.5 billion ISK at the same time last year. Ahead of the fourth quarter, the company had…
A large number of people have been laid off from Icelandair this morning. According to an announcement from the company, 38 employees were laid off in these layoffs. Most of them work at the company's office in Hafnarfjörður. However, people in most departments were laid off. In an announcement from CEO Bogi Nils Bogason to Icelandair employees, it is stated that various actions have been taken to turn the company's operations around. "One part …
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