The pandemic has led to cuts at Tallink Grupp

The pandemic has led to cuts at Tallink Grupp
Avaldatud 03. september 2020.a.
One of the largest shipping companies operating in the Baltic sea, Tallink announced the upcoming large-scale reduction of employees in the divisions responsible for both passenger and cargo transportation.

The reason was quarantine restrictions related to coronavirus, which is expected to lead to a significant decrease in revenue in the tourism industry - in the second quarter of 2020 this figure was almost 60%. The volume of commercial cargo has also declined and is recovering very slowly.

Source: baltic-course.com