please fire more unless the stock share gives me 10% increase.

The stock markets always know the truth, so perhaps it is all a contrived setup to reduce headcount?
Or, the short sellers are just building their books for the big crash and it will be TTW for them!

Management and Staff fired
 

There you have it... easy. In little more than a few days voilà - we're now operating at the same cost per RPK as Air Asia. Spreadsheet types are ecstatic - all is well.:mad::mad:

DFO wins big bonus in the cost saving part of year end bonus....

FTC now Air Asia style
 

As far as I know "all" level D managers at the FTS have been trashed and all training activities will now be under 1 FOP manager - I'll leave you to guess.
The person brings with them all the vast experience and knowledge garnered in being an "ex" brushwinger cadet and additionally tips and advice from daddy over the years.
As well, the person is schooled and has first hand experience and expertise in the art of bullying and threatening people as a standard method of coercion, a skill set that no doubt has impressed the DFO as a desirable trait.

Someone please play taps..

Dysfunctional & Insulting
 

On IntraCX main page May 24

On almost the first line - Letter From Rupert saying sorry, have to fire 600 innocent folks.

Two lines down "Internal Vacancies"

The very definition of dysfunctional, crude and insensitive.. :yuk::yuk:

Michael. I'm sorry, but it's "paid", not "payed". Once I could ignore, twice....well, our management love to have evidence we are ill-educated and illiterate. Please, we all have access to an online dictionary. Use it. Thank you.

After HKCAD approval FOP will look different too. GMA, GMO and GMF will be gone, as well as DCP positions. I bet AT is also thinking its time for a new CP on the 777, that guy is way to soft for Swire.

Michael -
"TheIr bit and theIr end of the bargain". Not there. Perhaps you should stop living up to your name Mike!

Forgot to mention, heard that after the restructuring is done CX will introduce a new product, the LCC (Low Cost Cabin) to compete with the LCC (Low Cost Carriers). Last rows in Y will be having less leg room, different service and catering then in Y at a lower fare price.

No prizes then for guessing where they will have the ID and FOC ticket holders sit.

Recently thats not quite accurite actually. Eng is good but the other bit read some of the other forum lines.

So the suggestion of totally outsourcing all training was taken up then? Don't laugh, with the freighter outsourced and training now following, that only leaves ????????? and voila, the perfect virtual airline. Job done even bigger bonuses all round for the 5 remaining directors.

Cx used to be a so called "legacy" airline. The legacy element incorporates a number of assumptions that are somewhat organic within the business and this would include an expectation from its employees, to receive diligent and responsible management. Clearly, in the case of CPA..as it currently exists, is no longer the case. The demands from management have been, for over 2 decades, a singular take and no give route. The incredible mismanagement events that we are all aware of, have marginalised the crews, mostly the pilots, to such a degree that the now recognised levels of almost barbaric corporate diligence, leading to a "time to win" policy, now has no gravity with those who operate their airframes. A noted conception of predicting a "phoenix rising" appears to be growing..a dead Cathay means rich pickings for those who can provide a better Corporation of governance. A larger HKA and thus pilot positions that we all might prefer in the long run? And the sad matter in all of this, is that not one senior manager on the 9th floor has been made publicly accountable..not a singular honest apology..not one truism of spirit to encourage us to pull this ailing firm together. Salvation often comes from an understanding public but even there, those that were once faithful, once ardent supporters of Asia miles and with all the incumbent cards, are now dissenting travellers, preferring the opposition for now, quite understandable reasons..reasons of atrocious OTP, poor quality of service, furnishings and food..ALL of which lay on the fundamental doorstep of capricious and unfit management. For those who have now picked or are about to pick up their P45..the best of luck choosing both a new job with an employer who can demonstrate proper stewardship and honest brokerage for a job well done.

Well said, mate! They have made some truly dreadful corporate decisions and all with the backing of Swires in London. Strange really.

Sorry about that old boy.
Rectified.

Dreadful Corporate Decisions ??
 

It's been corporate decisions, starting in 94 and ALL by Swire Elite and their anointed CX minions that are 100% responsible for the condition of this company as it is today❗️
Personally, I no longer put any weight or credence in their decisions and this latest project, just one more in a long list of poorly thought out plans brought on as a knee jerk reaction to try and mitigate losses do to stunningly bad and inept decisions made by "SWIRE" managers.

See the repeating scenario :ugh::ugh:

Guys forget it. If you are not part of the family or friends circles, then you/we are that 30% flock. If you look closely, all of them are related in some way. Try drawing the family tree!!! It all lines up. this airline has now turned into a family owned airline. HX is bad, but now CX is worst

FLex88. Why 1994? I thought B scale was 1993. Sale of Dragonair (so giving up expansion opportunities to China for ten years) was 1996.

Always was - and in the A scale days, wasn't even listed. And even the Swires (with their £2bn fortune) couldn't populate the 70%!!!!

Looks to me like it may be the old set up.

Bazillions claimed to be lost. No one really has any idea where the money is going and there's no real transparency. But we are supposedly in huge financial trouble; likely some truth to it due to CC and TB from HKAOA being effective and not being able to fill jets and expansion. Also some truth due devaluation of product. None of which has anything to do with the individuals being canned and nothing with restructuring doing anything to address the 'problems' (which it obviously doesn't).

Gloom, doom, and austerity all around (those with any knowledge of history have seen this before).

BUT

CAD soon goes to 1000 hours (like much of the rest of the world)--just like it changed the ULR/LRO rules. And the company doesn't want to pay for any of it under existing terms. So it perhaps comes up with an elaborate scheme to raise OT threshold (and make working conditions worse) and try to poor mouth, chisel and get concessions. More work for less over time which should be a familiar theme. A bit draconian and ruthless to sack a bunch of people unrelated to the issues to do this, but who would be suprised by draconian and ruthless ?

So's I'd not fall for any of the propaganda coming down the pike. How much truth do we really get around here anyway ?