airBaltic plans up to 700 job cuts as it reshapes business

AirBaltic, the national airline of Latvia, is implementing a significant restructuring plan involving reductions in its workforce. The company anticipates cutting between 500 and 700 positions across its operational bases located in Riga, Vilnius, and Tallinn. This adjustment stems from a new business strategy designed to optimize operations and organizational structure within airBaltic. Currently, the estimated number of job losses remains subject to change based on ongoing planning developments. AirBaltic has initiated consultations regarding these changes as part of this strategic shift.