Estonia: sailor union first in line to face Tallink’s cost cutting program

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4 September 2009 à 08h45

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3 minutes

Publication: 4 September 2009 à 08h45

Reading time: 3 minutes

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Publication

4 September 2009 à 08h45

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3 minutes

Publication: 4 September 2009 à 08h45

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and main maritime transport company on the Baltic Sea, launched a large cost cutting campaign to start making profit again. After reducing the salary of its key managers and executives, it fired 80 people in the Finnish subsidiary bought in 2006. The marine union is protesting against agreements signed with some employees giving up their right to paid leave. (Ref. 090805)

Tallink announced in a press release that it
wasn’t satisfied with its result (€19 million lost during the third quarter)
a

…
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