Type
Internal restructuring
Country
World
Region
Location of affected unit(s)
Denmark, Norway, Sweden
Sector
Transportation / Storage
Land, Water And Air Transportation
Air Transport
51 - Air transport

1,000 jobs
Number of planned job losses
Job loss
Announcement Date
29 April 2008
Employment effect (start)
30 April 2008
Foreseen end date
31 December 2008

Description

SAS, the Scandinavian Airline Company half-owned by the governments of Sweden, Norway and Denmark, has announced that it is to cut 1000 full-time jobs in 2008 as part of a short-term cost-cutting programme. Like many national carriers, SAS has struggled over recent years to meet the challenge from low-cost rivals, inefficient operations and high prices for fuel. As of April 2008, it is not known the exact number of job losses in the affected countries - namely Denmark, Norway and Sweden.


Sources

  • 29 April 2008: politiken.dk

Citation

Eurofound (2008), SAS, Internal restructuring in World, factsheet number 66576, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66576.