The most sensible comment of the month. As Controlled says, the Swires do what they wish, and the real state of affairs is hidden behind many layers of obfuscation. Although there is no doubt the current situation is financially very painful, don't be in any doubt as to how deep the reserves are to cover this...probably a 100X over. The fact is that many years ago Swire decided to keep CX's "profit" numbers to a respectable minimum (through said transfer pricing), to ensure minimal financial obligations to the staff. No matter the situation, the regular staff will never share in the good times, and be bludgeoned into sacrificing during the bad times. That is all a career here will ever be.