Following recent announcements about unscheduling staff recruitment, pay freezes and asking all 27,000 employees to take unpaid leave of at least three weeks, that Cathay Pacific would start axing staff. The first in a raft of expected job losses are coming at an overseas base for the airline of Hong Kong.
The airline as confirmed it will be closing its Vancouver cabin crew base, with the loss of around 147 crew members, which is just another part of an ongoing business review. “As part of our ongoing business review, we have made the decision to close down our Vancouver cabin crew base,” Cathay said in a statement. “We are communicating with the union.”
Cathay had closed its Toronto cabin crew base last year affecting 120 roles before the coronavirus COVID-19 hit, as part of its broader transformation plan designed to help it return to profitability it is cutting capacity by around 40%
The airline is due to release its full-year financial results on March 11th and for many, this will be extremely difficult to read as the carrier is struggling to cope with life during the coronavirus crisis that followed on from the sometimes-violent anti-government, pro-democracy protests that erupted in Hong Kong that caused a mass slow down of international visitors.
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