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. |
Very quiet on the comms front today, makes me think a big announcement on the way.
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There will be a request for voluntary retirements and voluntary resignations first. Then comes the axe.
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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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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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Originally Posted by Freehills
(Post 10719780)
My guess is that all effort is being focused on trying to get a bailout from the govt, interest-free loans, etc
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Stood down, not made redundant.
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Where’s John Andersen when you need him?
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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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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. |
Originally Posted by Angel 8
(Post 10719961)
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. 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! |
Originally Posted by Veruka Salt
(Post 10719829)
Stood down, not made redundant.
Who said redundant? Suspended! |
Originally Posted by arse
(Post 10720153)
Who said redundant? Suspended!
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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. |
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. |
Originally Posted by Oasis
(Post 10721156)
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. 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. |
Originally Posted by Slasher1
(Post 10721171)
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. |
Our wonderful union has just volunteered us taking a 47% pay decrease when Virgin only requsted 8 weeks unpaid leave
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Originally Posted by fcom
(Post 10721430)
Our wonderful union has just volunteered us taking a 47% pay decrease when Virgin only requsted 8 weeks unpaid leave
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? |
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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