PPRuNe Forums - View Single Post - Cathay Pacific ‘to axe 6,000 staff and Dragon brand’ in bid to stay afloat
Old 7th Nov 2020, 12:02
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carolknows
 
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Curious, if things are going to pick up in a year or two, why would there be a 2 yr transitional contract hoping to retain those previously on more expensive contracts. If the company wanted to get rid of more people now, shouldn't they reduce the term to 1 yr transition or a more lucrative retirement package? Isn't a given some of them who are near to retirement would exit after 2 years of decent housing and schooling?
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