I concur 101% with 777vs330 that they should pay us back for our sacrifices when the company is doing good.If cost cutting is a pre-emptive measure to prevent loss, then I'm all up for it. But if it's used as another mean to increase it's coffer and pay for some fools investing mistake, then
F
K you.And the only way to prevent a misunderstanding there is to have a clause to compensate or reward us back if the company quarterly or annual profit makes it to a mutually agreed target . And wasn't the purpose of AWC, MVC to allow flexibilty in our pay during bad times ?
Frankly speaking, ALPA-S, MOM and any workers' union in Singapore are just toothless tigers. This "mediation" is just going through the motions for the inevitable. SQ has learned from its bloody
PR mess it made out of the 2003 retrenchments and has seemed to choreograph its every move( VNPL, CNPL, paycut) to the T for the "spring cleaning". It would seem that they did everything they could to prevent it when it was planned all along. This order seems to come from high above( outside ALH ). Expat and locals alike, we are losers in this one way or another. The real winner is ......
And an interesting piece of article i found on Anet. ( Not directly related to topic)
Is Temasek Holdings Plundering Singapore Airlines? — Civil Aviation Forum | !!!!!!!!!!!!!!