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When are the layoffs starting?

Fragrant Harbour A forum for the large number of pilots (expats and locals) based with the various airlines in Hong Kong. Air Traffic Controllers are also warmly welcomed into the forum.

When are the layoffs starting?

Old 19th Mar 2020, 05:24
  #1 (permalink)  
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Join Date: Mar 2000
Location: Hong Kong, SAR.
Posts: 23
When are the layoffs starting?

How long can we keep going on paying 32000 staff without income?
Perhaps a good time to clean house and get rid of some dead wood.
There will be no bailout for us, no government help plan.
3 weeks voluntary unpaid leave so far, but no new plans.
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Old 19th Mar 2020, 05:28
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Join Date: May 2009
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Very quiet on the comms front today, makes me think a big announcement on the way.
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Old 19th Mar 2020, 05:54
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There will be a request for voluntary retirements and voluntary resignations first. Then comes the axe.
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Old 19th Mar 2020, 06:43
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If I was a betting man any comms to that effect will arrive on a Friday after 5 pm. Standard management tactic.
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Old 19th Mar 2020, 06:55
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My guess is that all effort is being focused on trying to get a bail out from the govt, interest free loans etc
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Old 19th Mar 2020, 07:06
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Originally Posted by Freehills View Post
My guess is that all effort is being focused on trying to get a bailout from the govt, interest-free loans, etc
QANTAS has just suspended 2/3 of all staff.
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Old 19th Mar 2020, 08:05
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Stood down, not made redundant.
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Old 19th Mar 2020, 08:12
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Where’s John Andersen when you need him?
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Old 19th Mar 2020, 09:03
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May be unrelatedly but nothing like a good conspiracy theory during uncertain times. Saw a Qatar airways G650 depart HKG this afternoon.
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Old 19th Mar 2020, 09:54
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Last in, First out is by far the best option:
A) no matter what’s the number of redundancies, those at the bottom would want to come back when hiring starts again, and are cheaper to re-qualify.
B) you really need to keep the senior staff, especially trainers to be ready to do the task in A above.
C) if you offer voluntary Redundancies, you have no idea who’s gonna take it, so you could loose all in B above.

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Old 19th Mar 2020, 10:33
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Originally Posted by Angel 8 View Post
Last in, First out is by far the best option:
A) no matter what’s the number of redundancies, those at the bottom would want to come back when hiring starts again, and are cheaper to re-qualify.
B) you really need to keep the senior staff, especially trainers to be ready to do the task in A above.
C) if you offer voluntary Redundancies, you have no idea who’s gonna take it, so you could loose all in B above.
A couple of points of note - in the U.K. you can’t use JUST first In last out, other points need to be considered. Also the whole process takes months through consultation etc, so would be pointless as you would finally get rid of people just as you need them back. So in my opinion actual redundancies would be pointless.

The best method would be offering decent packages to those close to retirement, they would be leaving soon anyway. Make way for the guys who have longer left in this game!
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Old 19th Mar 2020, 12:42
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Originally Posted by Veruka Salt View Post
Stood down, not made redundant.

Who said redundant? Suspended!
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Old 19th Mar 2020, 12:50
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Originally Posted by arse View Post
Who said redundant? Suspended!
A reference to the thread title ‘layoffs’

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Old 19th Mar 2020, 13:33
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Good heavens.

The lay-off and recall procedures are clearly defined in the COS:CA/EA/CBAs.

These are legal in every jurisdiction where passed and supersede any guesswork. They follow the master common seniority list and that’s that.

Now there COULD be a scheme of early retirement or semi-paid leave negotiated and offered which makes less need for lay-off. But if and when they start there isn’t much question on what the contracts require to happen.
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Old 20th Mar 2020, 05:21
  #15 (permalink)  
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A's newsletter.... basically nothing new under the sun.
Burning 2 billion a month and no new action.
Force more unpaid leave or we find ourselves on the street at the end of the year, none of this pussyfooting around.
It's not going to turn around any time soon. 4000 pilots when we need 200, same with the cabin crew.
It's time to act.
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Old 20th Mar 2020, 05:57
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Originally Posted by Oasis View Post
A's newsletter.... basically nothing new under the sun.
Burning 2 billion a month and no new action.
Force more unpaid leave or we find ourselves on the street at the end of the year, none of this pussyfooting around.
It's not going to turn around any time soon. 4000 pilots when we need 200, same with the cabin crew.
It's time to act.
I would probably suggest choice of

Early retirement package; probably 2 years - ish pay with insurance or perhaps 3 without. For tax and cash flow purposes this could be paid monthly over the term. Clean break.

6 months to 12 months leave at half salary retaining seniority, a portion of vacation leave, and insurance

3 months unpaid leave retaining benefits and insurance.

Give it a few weeks for takers and let the layoffs begin.
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Old 20th Mar 2020, 06:36
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Originally Posted by Slasher1 View Post
I would probably suggest choice of

Early retirement package; probably 2 years - ish pay with insurance or perhaps 3 without. For tax and cash flow purposes this could be paid monthly over the term. Clean break.

6 months to 12 months leave at half salary retaining seniority, a portion of vacation leave, and insurance

3 months unpaid leave retaining benefits and insurance.

Give it a few weeks for takers and let the layoffs begin.
looks good but 2 years severance is not going to work for cx, 2 years from now we will likely be back to normal, if we are still around.

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Old 20th Mar 2020, 10:49
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Our wonderful union has just volunteered us taking a 47% pay decrease when Virgin only requsted 8 weeks unpaid leave
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Old 20th Mar 2020, 12:08
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Originally Posted by fcom View Post
Our wonderful union has just volunteered us taking a 47% pay decrease when Virgin only requsted 8 weeks unpaid leave
source?
quantas standing down 20000 staff.
air canada awaits bailout, cuts 5000 staff, and that’s only after two weeks. We’ve been at it for over two months.
We must have bags of cash. Then what’s the point in burning through it?
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Old 20th Mar 2020, 13:28
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No one is going to mention the big elephant in the room?

Housing in the form of Arapa and HKPA. both policies that can be amended from time to time. Just saying.
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