SIA offers cabin crew early retirement and release as part of further cost-cutting measures

[Acetone]

It isn’t retrenchment because it is entirely on a voluntary basis.

Getting retrenchment then say retrench rah simi early retirement.

 

[yesman2978]

should convert passenger planes to cargo planes

airline travel is not going to recover for years.

 

[Laneige]

Got read biz plunge 95% or something?
If so even the higher Mgmt must cut salaries more than 50%

 

[relaxlabrudder]

should convert passenger planes to cargo planes

airline travel is not going to recover for years.

Create jobs ****...

 

[Laneige]

they stay on the ground also will get their basic salary. you don't know how much some of these cabin crew hate the job and environment (after they joined). they'll be damn happy to get early release without any penalty!

U know now release n last time diff hor
Unless in demand jobs else not easy to find jobs right
Even banks not losing money also wana cut jobs
Sia how can don’t cut when bleeding
Not making sense at all
The foreigners first to let go
Then PR then citizens lo
But among these groups if have attitude one can let go earlier too?

 

[mryongtan]

Means 10 months to wipe out 5 year's gain

shareholders do not want to lose the gain, "early retirement" is just to maintain the bottom line.

 

[Cut_throat]

It isn’t retrenchment because it is entirely on a voluntary basis.

If not enough ppl take early retirement. You'll see what's next the phase. Or else why the early retirement in the first place.

 

[Mecisteus]

Sia offer only
No takers - staff not stupid to let go IRON RICE BOWL

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Yes like I said previously, times are very bad outside.

Nobody in the right mind will choose retirement unless the package is very good.

 

[Acetone]

If they really wanted to cut it wont be just 10% paycut ... wonder why they pretend everything is alright and continue to waste away the money

If not enough ppl take early retirement. You'll see what's next the phase. Or else why the early retirement in the first place.

 

[kage]

If not enough ppl take early retirement. You'll see what's next the phase. Or else why the early retirement in the first place.

They are just wasting time, how many will take up early retirement at this point of time? At above 50yrs old its very hard for them to find another job or change industry.

Open up to those younger staff, and compensate them fairly, this will help to keep more staff tat need the jobs. Any HR personel here??

 

[ramlee]

They are just wasting time, how many will take up early retirement at this point of time? At above 50yrs old its very hard for them to find another job or change industry.

Open up to those younger staff, and compensate them fairly, this will help to keep more staff tat need the jobs. Any HR personel here??

but keep younger staff better, they are fresh meat. Looks better and is cheeper

 

[ramlee]

If they really wanted to cut it wont be just 10% paycut ... wonder why they pretend everything is alright and continue to waste away the money

we must maintain the prestige of working for SQ

 

[ninefile]

should convert passenger planes to cargo planes

airline travel is not going to recover for years.

do you have insider information that this isn't happening already?

 

[ramlee]

If not enough ppl take early retirement. You'll see what's next the phase. Or else why the early retirement in the first place.

they should do balloting

 

[UptheToon]

Pinky Govt will never let sia die. Should not take up the package if not desperate. Just iron rice bowl.

 

[Why so serious]

They are just wasting time, how many will take up early retirement at this point of time? At above 50yrs old its very hard for them to find another job or change industry.

Open up to those younger staff, and compensate them fairly, this will help to keep more staff tat need the jobs. Any HR personel here??

They checkmate themselves when garment want elderly to work til drop dead.

Look at the old senior management and directors. They should retire

 

[ninefile]

You can be the best cabin crew who treat first class passenger like king but SIA will not hesitate to retrench you while CEO and BOD continue to enjoy high celery

they will be rotated to service the CEO and BOD

 

[Hazette1]

Yes like I said previously, times are very bad outside.

Nobody in the right mind will choose retirement unless the package is very good.

Even if times are good staff will not bite.
Most I know including my own flight captain relative are greedy pigs

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[Mecisteus]

Even if times are good staff will not bite.
Most I know including my own flight captain relative are greedy pigs

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Then must force retrenchment.

I'm sure shareholders are not happy SIA continues to bleed.

Must chop some headcount.

 

[CSNation]

Sarki get golden handshake

Sent from my Toilet Bowl using GAGT