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Cathay Pacific Layoffs|Union: Over 1,000 employees are expected to sign new contracts. Some financial difficulties are not "unjust"

2020-10-28T02:36:12.734Z


Cathay Pacific announced its restructuring plan earlier, which included the cut of 5,300 employees in Hong Kong. "Surviving" employees need to sign a new contract. Together with the reduction in benefits, almost half of their salary will be cut. Cathay Pacific Air Services staff met with the company yesterday regarding the new contract, but no progress has been made. Chairman Wang Simin said this morning (28th) that the company has not relaxed the "dead line" of signing new contracts before the early hours of tonight. She estimates that more than 1,000 employees have signed new contracts, but she urged employees not to feel that some people signed new contracts. The new contract is "unjust" and they may have financial difficulties. We call on everyone to understand and not be divided by "dead lines."


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Written by: Kuang Xiaobin

2020-10-28 10:21

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

Cathay Pacific announced its restructuring plan earlier, which included the cut of 5,300 employees in Hong Kong.

"Surviving" employees need to sign a new contract. Together with the reduction in benefits, almost half of their salary will be cut.

Cathay Pacific Air Services staff met with the company yesterday regarding the new contract, but no progress has been made.

Chairman Wang Simin said this morning (28th) that the company has not relaxed the "dead line" of signing new contracts before the early hours of tonight. She estimates that more than 1,000 employees have signed new contracts, but she urged employees not to feel that some people signed new contracts. The new contract is "unjust," and they may have financial difficulties. We call on everyone to understand and not be divided by "dead lines."

Cathay Pacific Air Service Staff Association Chairman Wang Simin (middle) estimates that more than 1,000 employees have signed new contracts, but he urges employees not to feel that some people sign new contracts are "unjust" and not to be divided by "dead lines".

(Profile picture)

Cathay Pacific stipulates that employees who have not been laid off must sign a new contract with the company before midnight tonight. Wang Simin said in an interview with the Commercial TV program this morning that the layoffs came very suddenly, and some employees living overseas had to come to Hong Kong to handle contract matters, but You need to be isolated for 14 days to go out. During the meeting with the company yesterday, there was no response to the request to postpone the contract deadline.

Wang Simin pointed out that the Cathay Pacific representative answered some of the questions yesterday, but most of the time both sides just said each other and the other side did not respond to the union's demands.

The union will meet with the Labour Department today to discuss.

Wang Simin estimates that more than 1,000 employees have signed new contracts, but she believes that other employees should not feel that some people have signed new contracts as "unjustified". They may have financial difficulties. I urge everyone to understand and not to be "unjustified" by tonight. Deadline" differentiation.

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Source: hk1

All news articles on 2020-10-28

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