Cathay Pacific Layoffs｜Tan Wenhao wants to propose adjournment to be debated to protect employees' rights and interests Junyan Liang vetoed

Political situation

Written by: Peng Zhuowei

2020-10-21 18:01

Last update date: 2020-10-21 18:01

Cathay Pacific announced today (21st) that it will implement a large-scale layoff plan, cut 8,500 positions, and cut about 5,300 Hong Kong employees in the next few weeks.

Tan Wenhao, a member of the Legislative Council of the Civic Party who once worked as a Cathay Pacific pilot, proposed a motion to adjourn the meeting after the resumption of the Legislative Council in the afternoon, demanding that the government protect the rights and interests of the group’s employees and respond to the layoffs of large companies that may follow. Measures.

After adjourning the meeting for about half an hour, Liang Junyan ruled that he, like many members, is very concerned about the deteriorating unemployment problem. He also understands that Cathay Pacific’s restructuring is a matter of social concern. However, the government has responded to this in the morning. Members’ issues concerning economics and people’s livelihood can also follow different approaches. Channel follow-up, so it is deemed unnecessary and urgent to discuss today, so it is not approved.

After the resumption of the Legislative Council in the afternoon, Tan Wenhao proposed to adjourn the meeting, requesting a debate on the government to protect the rights and interests of the employees of the group, but Liang Junyan refused to approve it.

(Photo by Lin Jian)

Tan Wenhao said this morning that he personally felt sad about Cathay Pacific's decision, and believed that Cathay Pacific should have better ways to deal with it, such as staying without pay.

He also questioned that the government injected more than 27 billion yuan in public funds into Cathay Pacific in June this year, and two observers on the board of directors of Cathay Pacific could not prevent this from happening. He worried that this layoff would be a wrong example to the society and bring The domino effect has worsened the unemployment problem in Hong Kong.

Tan Wenhao also pointed out that after the government has launched multiple rounds of job protection plans, it cannot prevent large-scale layoffs. What is more serious is that the government has injected more than 20 billion yuan into a company, while Cathay Pacific's own market value is only 30 billion and 40 billion yuan. From left to right, it has almost "buyed" a company and failed to prevent layoffs. It will make wrong demonstrations, bring domino effects, and make more large organizations layoffs more reluctant.

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