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SAS lays off 10,000 employees

the Airline is going to put in a lot of traffic, but it can also be the case if the layoffs are in the future, it was announced to the SAS ceo, Rickard Gustafso

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SAS lays off 10,000 employees

the Airline is going to put in a lot of traffic, but it can also be the case if the layoffs are in the future, it was announced to the SAS ceo, Rickard Gustafson.

" as of tomorrow, Monday, we will have to make a temporary break of a significant portion of our business, and we are going to be heavily forced to reduce the number of flights in the whole of our business.

with 10,000 employees, it is our hope that the news is on a temporary basis.

" We will need to temporarily reduce our workforce by up to 90 percent. We are going to have to cut back in all areas of our business, but the staff are absolutely essential to the work, " says SAS ceo Rickard Gustafson at the DN.

He said that the layoffs are temporary and that they hope to avoid layoffs of staff.

" this new reality means that we need to adjust the set, and how many jobs we offer in the prevailing circumstances of the case.

" We're going to comply with the regulations of the respective country, in this kind of a lay-off.

the company is hoping that the government will assist the company through a change in the rules regarding temporary lay-offs. For the English employees, the decision means that the board will be notified, " he said.

in sweden, we are considering adding more warning. I know that intensive discussions are taking place to create the conditions that allow the temporary lay-off, as has been the case in Norway and Denmark, and we hope to soon see the results of their work.

and the decisions that have been taken by the authorities in Europe have, according to the airline, had a major impact, as the demand for the tickets dried up.

" For the airline industry and the SAS group means closed borders, and as a dissuasion from the MINISTRY for foreign affairs on a visit to the countries of the world, demand for tickets to, from, and within the scandinavian countries, have more or less disappeared.

It is, as long as the uncertainty as to whether the passengers who have bought tickets for the cancelled flights will be able to get their money back, according to Richard Gustafson.

"how Exactly are the dynamics and the regulatory environment is going to be what we get back when we have a complete picture," he said.

" In the short term, the focus will be on the fly to the destinations in which we have a lot of clients who are in need of a home. We will, as far as it is possible to maintain the critical infrastructure for the nyckeldestinationer in both the domestic and the international market, " says Rickard Gustafson.

it will consist of a fully set up connections to many destinations, but it also severely limits the number of flights.

" That may not apply to you in a few days if you have more, close the countries are closing the borders. However, we are going to continue to fly to major holiday destinations in Southern europe, where we have a lot of passengers who need to be able to take him home. We will retain the intercontinental routes, to New York, and Tokyo, as well as travel to international capitals, such as Brussels, London and Paris, " says president and ceo Rickard Gustafson at the DN.

" But, in many cases, it is significantly less trips, it may be a day when it normally is.

as for how long the airline would cope financially if the situation does not change.

the airline, but the revenue is not raised for a long time, but we have built up a good emergency preparedness and a good cash position so that we will get for quite a while.

Jacob Pedersen at Danish Sydbank, says that the impact on the company is huge.

" this is a cry for help and a bid for the company is to survive, we don't know for how long it is, if it doesn't do anything, they lose the € 120 million a day, so there is a huge pressure. It is an economic situation that is not sustainable, " he said.

He said that it is almost impossible to predict the impact of the group information in the stock market.

"The u.s. market may have a positive effect, but the income is fully gone so their value can fall sharply, but it is the state ownership and the draconian measures being taken, can have a positive effect, it is difficult to say whether it will go up or down ten percent," he said.

for more information: Hans Strandberg: most Likely, the company will, in the travel industry could be wiped out.

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