Originally Posted by
SanMig
CX has been sewing the seeds of their own destruction for years now. This pandemic has highlighted the companies problem of too many contracts. They would like to lay-off 1000 pilots, but the can’t because the D scale pilots are the first to go and those are the cheap pilots they want to keep. They are also mostly the locally hired pilots and the HK Government would not look kindly on a mass lay-off of local staff. CX would like to close the bases and try to get rid of the remaining A scale pilots, but due to collective agreements that would mean the potential return of some very expensive staff to HK making them more expensive. The company is stuck with a manning issue they created. So they come up with the same solution they always do, throw some money at the problem with an early retirement scheme. One years salary sounds pretty attractive, until one does some of the math and figures out it really isn’t much more than one would get through sickness and 3 months notice. No thanks, either sweeten the offer or stick to the contractual terms.
the offer will not be sweetened...options down the line could be much worse.