Swedish airports operator Swedavia has announced plans to cut 125 jobs as part of a restructuring, triggered by slower passenger growth. State-owned Swedavia owns and manages 10 airports across Sweden, employing 3,100 people. While the group generates over SKR5.7 billion ($634.4 million) in annual revenue, margins are tight. This has led to staff cuts, as Swedavia strives to stay cost-effective and competitive through its ongoing change and efficiency program. “In an industry that ...

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