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Thursday, 22 June 2017

Retrenchment?

It looks like the company may retrench some of its staff since it lost money in the last quarter.
My thinking is that in cabin crew if there is a retrenchment exercise, it will not affect the junior ranks like those who joined after 2004 (referring to the stewards). Like the stewardesses, these stewards are on 5 year contract. So if at all there is a retrenchment, the "deadwood" among the senior crew (those on tenure) will be asked to leave. It happened in 2003 during the SARS period.
Above is my personal view and I may not be necessarily correct.

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