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Cathay Pacific Layoffs | No one-month compensation union against MPF: don't think it is very lucrative

2020-10-21T06:40:31.218Z


Cathay Pacific Airways issued a notice today (21st) to cut 8,500 jobs, and Dragonair ceased operations today. Among the 8,500 positions, about 5,300 employees in Hong Kong will be laid off in the next few weeks, and another 600 non-Hong Kong employees may be affected. Cathay Pacific Chairman He Yili said that he understood that the decision made colleagues feel uneasy and had proposed a "generous severance plan," including a promise that MPF would not hedge. Wang Simin, chairman of the Cathay Pacific Air Services Staff Association, also said that the company will have compensation equivalent to one month’s labor. She thinks that the union has responded to the demands of the union as a whole, but she believes that the plan is not “very generous”. In addition, the current Dragonair flight attendant criticized the company’s practices. Unkind.


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Written by: Huang Yongyu

2020-10-21 14:28

Last update date: 2020-10-21 14:28

Cathay Pacific Airways issued a notice today (21st) to cut 8,500 jobs, and Dragonair ceased operations today.

Among the 8,500 positions, about 5,300 employees in Hong Kong will be laid off in the next few weeks, and another 600 non-Hong Kong employees may be affected.

Cathay Pacific Chairman He Yili said that he understood that the decision made colleagues feel uneasy and had proposed a "generous severance plan," including a promise that MPF would not hedge.

Wang Simin, chairman of the Cathay Pacific Air Services Staff Association, also said that the company will have compensation equivalent to one month’s labor. She thinks that the union has responded to the demands of the union as a whole, but she believes that the plan is not “very generous”. In addition, the current Dragonair flight attendant criticized the company’s practices. Unkind.

He Yili: Will try to be as generous as possible in terms of severance

Cathay Pacific Chairman He Yili and Chief Executive Deng Jianrong met with the media through a video conference to explain the details. He Yili said that he understands that the decision makes many colleagues feel uneasy and anxious, and will be as generous as possible in terms of severance. It mainly depends on the salary point and number of years of employees. The MPF will not be hedged, and assistance programs such as counselling services will also be launched for employees.

He also pointed out that the severance plan cannot satisfy everyone, but he emphasized that the company has done its best and the management will do its best to communicate and provide support.

He Yili and Deng Jianrong met with the media via video call.

Cathay Pacific Air Services Staff Association: Disappointed with layoffs

Cathay Pacific Air Services Staff Association Chairman Wang Simin said this afternoon that Cathay Pacific had 2,000 employees leaving and was very disappointed with the decision to lay off employees. The management has just explained the compensation plan to the union, including that it will not hedge the MPF, and there will be an extra month’s salary. The amount of compensation.

If you participated in the unpaid leave plan before, the deducted money will be refunded.

She believes that the plan has responded to the demands of the union, but it is not “very rich” as the management described it.

Wang said that the company will notify the laid-off staff today, and believes that it will take effect immediately, "all levels have."

Regarding whether an industrial action will be launched, she said it depends on the wishes of the employees, but frankly said that the morale among the employees is currently low and the atmosphere is sad.

She revealed that she will continue to meet with the management in the afternoon to discuss new issues for discussion.

Wang Simin (left), chairman of the Cathay Pacific Air Service Staff Union, believes that the plan is not "very rich" as management describes it.

(Photo by Zhang Haowei)

Dragonair flight attendant: the company's approach is impersonal

As for the Dragonair Flight Crew Association, there has been no reply yet.

Ruby (pseudonym), who has worked as a flight attendant for Dragonair for 6 years, said that relevant news has been reported yesterday. I received an email notification from the company this morning to confirm that he felt very sad and regretful at the moment, but thought the company only notified via email, which was hasty. It lacks human touch. "Dragon Dragon itself is a very humane company, and the relationships among colleagues are very good."

She also revealed that the "big envelope" has not been received yet and the company only stated that it will continue to send emails to employees.

She hopes that the company can provide a generous plan in terms of compensation, and "compensate enough." As for the group's proposal to absorb laid-off employees, she believes that there is not a big chance.

She is about to join the unemployed army. Talking about the way forward, she said frankly that she is also at a loss. Many colleagues have worked in the aviation industry for many years.

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Source: hk1

All news articles on 2020-10-21

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