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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. |
Originally Posted by reazasassain
(Post 10721593)
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. |
Can I ask..what makes any of you think you’re worth more..
than let go with 3 months pay... for no reason.
Absolutely in accordance with COS. No last in/first out.. (was in my COS at the time .. but easily superseded but let go with no reason.) It’s over. Music stopped. Atleast half of KA/CX will be off pay in days. Here’s 3 months. Goodbye. Anyone who has worked in Swire long enough knows that. CX May continue as a much tighter airlines; sans A/B scale. What cost Swire the least? Long term buyout? Or 3 months... no reason ???? |
I do not think we are worth “more”, simply worth what is agreed to in the contract of employment when it comes to what would obviously be a “redundancy” situation.
You are scaremongering and it is shameful. |
The cargo operation is critical to CX maintaining any revenue stream and it will be oversubscribed during this downturn. Your speculation does not take into account that CX can not afford anyone from the most senior CN to the most junior SO to leave the 747 fleet. How does that sit with your mass lay-off scaremongering?
Layoff all the cabin crew as they don’t fly freighters? Lay-off the 777 only because they burn more fuel than the Airbus? Lay-off the office staff working with pax relationships/sales? Everybody, especially Swire, knows that the airlines that make it through this event will emerge to an open slather of minimal competition and maximum demand. Layoffs at this time serves no purpose for the future and will be a last resort. Start thinking of some more creative ideas to mothball the company, stop this incessant scaremongering. |
I’d like to see more unpaid leave, what are they doing all day in kitty city?
Whatever it is, it’s not making money. I’d like to see us conserve cash. ofcourse freighter has to continue flying and make money, but apparently that business is down too if you read A’s letter. |
Originally Posted by Oasis
(Post 10722422)
I’d like to see more unpaid leave, what are they doing all day in kitty city?
Whatever it is, it’s not making money. I’d like to see us conserve cash. ofcourse freighter has to continue flying and make money, but apparently that business is down too if you read A’s letter. |
AS said only 5% of schedules will run next month.
Let’s say there’s 3500 pilots who normally operate the 100% schedule. Therefore, you only need 175 pilots to operate the 5%. OK, let’s be generous, 500 pilots needed. What’s the other 3000 pilots going to do? |
They will all sit on reserve, because you can’t be seen to enjoy your time off.
Has it ever been different? But please help out the company when they need you to. |
Can we start by laying off that new cock womble on the 777, hasn't even checked to line but feels that he needs to video himself and post it all over social media. If you're reading this, please grow up!!!!!!!
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Originally Posted by Farman Biplane
(Post 10722154)
I do not think we are worth “more”, simply worth what is agreed to in the contract of employment when it comes to what would obviously be a “redundancy” situation.
You are scaremongering and it is shameful. They fired several of my friends, and Greg killed himself. I know what Cathay (Swire) is capable of. I’m not fear mongering. It’s real. |
I doubt there will be any layoffs. It simply isn't CX's style. There will alway be guys who can and will take extended unpaid,
to support the cause. Anyone who has sold their house in the last 2 years will be able to stand aside. With the us$ so strong, now is the time to re patriate and let the juniors take over the reigns . |
Originally Posted by illtellyouhowitis
(Post 10723057)
Can we start by laying off that new cock womble on the 777, hasn't even checked to line but feels that he needs to video himself and post it all over social media. If you're reading this, please grow up!!!!!!!
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Originally Posted by TimeToWhine
(Post 10723387)
Pray tell...:E
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I'd be worried if I was one of the SO's that Cathay so graciously hand a P2X type rating as to tie them to the airline. All the young guys and gals with all of a bee's knob of experience between them, who's hours count for squat in the real world.
Imagine entering Cathay with all of 400 hours single engine piston (maybe even a couple of multi hours in a Duchess), hand held, flying around in these large, sophisticated aircraft to only be let go and realising that any and all experience accrued counted for nothing. I don't agree with what Cathay does to these young people and when layoffs occur, its those who are most vulnerable that feel it the worst. Reality cheque please. |
If there’s a funny side to all this it’s the Oz base who fought tooth and nail for a decade to get complete autonomy from Hong Kong, own seniority, own command slots and couldn’t help but tell you how bullet proof their contract was.
If layoffs are coming I imagine they’ll now do a 180 and be yelling for their Hong Kong seniority and if it’s that easy to lay-off 2/3 of QF they’ll be wondering how wonderful their contract really is. Same as anywhere else maybe? |
Pickuptruck. Not true.
The Aussie EA has a redundancy clause that specifically states it will be done as per the CX Worldwide ASL. Also as far as I'm aware, QF has 'stood down' staff, and has not layed them off...yet. |
Bloody hell....
”dilutional”???? ”reality Cheque”???? you’d better spell check your delusional reality check!!!! |
Originally Posted by BlunderBus
(Post 10723811)
Bloody hell....
”dilutional”???? ”reality Cheque”???? you’d better spell check your delusional reality check!!!! |
Originally Posted by BlunderBus
(Post 10723811)
Bloody hell....
”dilutional”???? ”reality Cheque”???? you’d better spell check your delusional reality check!!!! |
Emirates is putting pilots on half pay and shutting down ops soon.
whats the plan cx.. we just sold a few airplanes and leasing back which will keep on the lights for a while, but let’s conserve cash ffs. |
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