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| Cathay axes 6,000 in Hong Kong |
Cathay Pacific job loss and DragonAir closure.
I remember back in 2001, when I was running the company we’d set up, and we got a contract to teach Cathay flight attendants, to improve their English. As part of my own briefing Cathay asked me out to Cathay City, their HQ near the airport, to see how the attendants are trained. They have full scale simulators of all the plane models they fly, the Boeings, the Airbuses, and took me through some of thei training sessions. It was great fun and the attendants, mostly young women, a few blokes, were charming. I remember the experience clearly to this day. Our best corporate job, ever.!
From a dream job to jobless. With diminishing prospects, young families to feed.
The flagship carrier apologised for causing “great distress and anxiety” as it confirmed nearly all Cathay Dragon staff would be laid off as part of 8,500 job cuts across the group, raising concerns for Hong Kong’s reputation as an international aviation hub as well as fears it could set a precedent for other major companies.
ADDED: Of course Cathay, cutting 24% of staff, are not alone. A graphic at the link shows other cuts from 16% at Lufthansa to 31% at British Airways, via Qantas at 20%.
