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Cathay Pacific Airways to cut jobs of 600 employees

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8 years ago

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Cathay Pacific Airways, Employees, job cuts, management jobs, Frontline jobs, Pilots, Cabin crew, Hong Kong, Business news

Hong Kong: International airlines flyer based its head office in Hong Kong, Cathay Pacific Airways confirmed on Monday that it will lay off almost 600 employees from its main office, in the biggest round of job cuts by flag carrier in 20 years.

According international web media reported, the airline said most of its restructuring will be completed by this year, citing changing customer habits and a “challenging business environment.”

 

 

A total of 190 management jobs would go immediately. A further 400 non-management staff will be cut by mid-June.

Those numbers account for 25 per cent of management staff and 18 per cent of non-management.

 

 

Frontline jobs, including pilots and cabin crew, will be spared.

The cuts are the first step in a three-year programme announced earlier this year aimed at turning around huge losses of the airline, reports the South China Morning Post.

 

 

It also marks the first major task overseen by new CEO Rupert Hogg, who replaced Ivan Chu Kwok-leung earlier this month.

“We greatly appreciate and respect our people’s dedication, hard work and achievements. However, we have had to make tough but necessary decisions for the future of our business and our customers,” Hogg said in a statement.

 

 

“Our immediate priority is to support our colleagues affected by today’s (Monday) announcement, and I’d like to thank them for all they’ve done for Cathay Pacific.”

The affected employees will receive a redundancy package of 12 months’ salary, extended medical benefits and counseling.

 

 

The airline-comprising Cathay Pacific and Cathay Dragon-has lost $3 billion Hong Kong dollars in the past year.

 

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Apple is giving a huge discount on its gadgets: Details inside

Published

3 years ago

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May 5, 2022

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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