Mar 9 • 10:28 UTC 🇫🇮 Finland Yle Uutiset

HSL initiates layoff negotiations - up to 48 layoffs are threatened

Helsinki Regional Transport Authority (HSL) is starting significant negotiations that could affect up to 48 employees due to rising operational costs against limited revenue growth.

The Helsinki Regional Transport Authority (HSL) is launching major co-operation negotiations, which may lead to the layoffs of up to 48 employees. Additionally, there could be changes to the positions of nearly 99 employees to avoid layoffs by offering them alternative roles. These negotiations are relevant for HSL's entire organizational body of 433 staff members, indicating that the authority is seeking to enhance operational efficiency amid financial constraints.

The discussions are prompted by a sharp rise in costs that have escalated by 20.8 million euros since 2019, contrasting with a modest revenue increase of only 18.4 million euros. The primary source of income for HSL, ticket sales, saw only a slight growth of 1.7%, adding 6.5 million euros to the total revenue. The authority aims to decrease its reliance on public funding, with a target of reducing the needed support from 44.3% to 40%.

Importantly, the negotiations will not impact the operations of public transportation vehicles within the HSL area, assuring that current drivers remain unaffected. This decision underscores a strategic pivot by HSL to manage financial stability while striving to maintain service quality amid tightening budgetary constraints.

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