Hits

Wednesday, May 23, 2012

MAS offers no-pay leave to its staff, but...

ALL content used in this not-for-profit blog remain the property of their respective owners.
http://www.relax.com.sg/relax/news/1120478/MAS_offers_no_pay_leave.html

To cut costs, Malaysia Airlines has offered its workforce up to two years of no-pay leave during which time they can seek employment elsewhere but not at rival companies.

Those interested have up to June 30 to apply for the voluntary leave programme announced internally on Friday via an e-mail and this option is only meant for Malaysian staff in permanent employment with the company.

“The employees are allowed to work elsewhere (subject to company approval) and still enjoy air travel benefits, (but) not at rival companies,” MAS head of human capital Zahrah Zaid said in reply to queries from The Star.

This is not the first time MAS has offered a voluntary leave programme.

MAS has been in the red for several quarters now and it is in restructuring mode, with its workforce of 20,600 people said to be too large for its operations. The airline had in recent months shrunk its capacity by 12% but was unable to reduce its workforce due to various reasons.

No comments:

Post a Comment