BS
 

Hmmm...they even lie in their Press Releases...they just cannot help themselves.

I am sure there are 35 Pilots in Manchester whose lives are being very dramatically changed by these idiots decisions.:mad:

Stilton, you need to work here to appreciate just how malevolent and toxic the management of this airline are. Unless you do, best you simply ponder the comments of those of us who are subject to the chaos that their decisions bring.

Shilton.

Everything is relative.You are used to that re-curing crap -good for you.

On the other hand, we are Cathay.

Even when they make money, they cry poor and hard done by. The only ones to benefit from the self induced delusional misery are the upper level managers - they get pay rises and bonuses on the backs of those that lose their jobs.

And even if these drastic steps are deemed to be truly necessary, they can still make a complete hash of actioning them. A constant drip feed of non information with very little detail and so leaving thousands still unsure of their future for many months to come.

The "management" have had a minimum of 5 months to come up with a plan and now they allegedly have it they are apparently not in a position to implement it in one single, albeit awful step and get on with it. I really hope soemone takes the opportunity to talk with the assembled media at CX today, never mind referring them (the media) to the clowns behind this tradgedy.

Has anyone heard if any checkers have had the sack?

My balance in stock finally rises by 3%, so sweet! I hope they can sack $ome more.

staff being hired should prepare being un-hired.

Has anyone heard of any changes to FOP or any prominent people gone?

a370. If you are not CX, then your comment is somewhat worthless. Only those intimately involved understand what has really gone down over the years. So, as they say, FO.

So... 190 people gets fired and another 400 coming in June... that's almost 600 people and their families affected!!
pilots and flight attendants wont get annual bonuses this year because the airline suffered a loss (fair enough).
So how is it justified that the former CEO and current CEO and most of the management get over 10MIL HKD in their bonuses??
you give yourselves 10million dollars plus as a "pat on the back, job well done" while firing 30% of your company??

That's messed up

Messed up? No, that's obscene, but it is the result of obscene decisions by shameless and obscene people. As a matter of fact, there aren't words to accurately describe the abomination that is CX/Swire management.

What's Missing
 

"Losses have mounted due to cheaper airfares and a slump in the number of passengers travelling in business class."

What? Even the SCMP tows the CX BS (don't talk about the war) line !!

What about the BILLION's US$ in hedging losses, what about the 100's of MILLIONS US in fines for fines for price fixing/collusion etc. ?? The list goes on Ad nauseam !!

Head in the sand (deep)

I keep repeating this and I still 100% stand by it's premise.. from CEO's to Directors and certainly to FOP management ---

"The Peter Principle", Google it

...but in the early 90's it was the airline of choice for pilots worldwide with massive pay packages...hard to predict what it would be like 25 years down the line.

Like I've said previously in another thread; I'll bet my last buck (Euro) that they will "technically" screw this process up and not use this opportunity to make CX a better and more profitable company.
Answer this, what is the most inefficient and continually mismanaged enterprise "world wide" , answer - pick ANY government entity. So what would they do in this scenario? They would lay these poor souls off in reverse seniority. What this means is they would NOT vet and keep the "best" and possibly brightest people and only and keep the most senior (entrenched) and possibly worst of the lot and likely the ones most responsible for the mismanagement and poor performance. Tell me I'm wrong !!

This is exactly what has happened to CX over the years - true from top to bottom..

A sad sad day....

Fat Lady Singing
 

Dan, that's not a nice remark about Adelle.

Like I've said previously in another thread; I'll bet my last buck (Euro) that they will "technically" screw this process up and not use this opportunity to make CX a better and more profitable company.
Answer this, what is the most inefficient and continually mismanaged enterprise "world wide" , answer - pick ANY government entity. So what would they do in this scenario? They would lay these poor souls off in reverse seniority. What this means is they would NOT vet and keep the "best" and possibly brightest people and only and keep the most senior (entrenched) and possibly worst of the lot and likely the ones most responsible for the mismanagement, decay and poor performance of the company. Tell me I'm wrong !!

This is exactly what has happened to CX over the years - true from top to bottom..

A sad sad day....

190 Management to Go ??
 

We all sit back and watch this plan unfold scoffing at the implied "sincerity" of these actions by management and of course they look at us and query our scepticism. I wonder why.
After "management" gets caught fixing prices and colluding with other airlines, guess who has to write an annual exam on bribery and corporate security issues? Certainly NOT the senior managers/directors responsible...

And yet, on the conflict of interest issue, guess who is the point person CX brought in to oversee this entire process. The spouse of an FOP Manager - no conflict of interest there right ??????? :=:=

"Losses have mounted due to cheaper airfares and a slump in the number of passengers travelling in business class."

Whoever wrote that hasn't studied very many Cathay loadsheets......