'Nervous Cathay Workers Await Lay-off Decision'

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2020-10-05 HKT 11:12

Share this story

facebook

  • The head of an airlines workers' union says he is concerned about the  size of the possible lay-offs. File photo: RTHK

    The head of an airlines workers' union says he is concerned about the size of the possible lay-offs. File photo: RTHK

A union for airline workers has expressed concern that hundreds of Cathay Pacific employees from different departments could be fired, as reports emerged that the airliner is expected to announce that it will lay-off thousands of people.

Hong Kong's flag carrier announced earlier that it would forgo the government's latest wage subsidy scheme, under the anti-epidemic relief fund, paving the way for it to reduce staff.

The head of the Staffs and Workers Union of Hong Kong Civil Airlines, Li Wing-foo, said he hasn't heard of concrete details yet but expressed concerns about the size of the possible lay-offs and that some of his members were nervous about the news.

Li told an RTHK radio programme that he thinks cutting staff is not the solution, and that widespread sackings could impact Hong Kong airport, the aviation industry and its future recovery after the Covid-19 situation calms down.

He also expressed concerns that if economic recovery for the aviation sector is slow, then this could lead a possible talent drain from the aviation sector with those working as engineers or technicians switching to other industries, and this could impact the sector.

Li said some workers are already taking pay-cuts, with several hundred people having left the industry and switching to others jobs such as security guards.

RECENT NEWS

HKMA Warns Of Fake Stablecoins As Licensed Issuers Have Yet To Launch Tokens

The Hong Kong Monetary Authority (HKMA) has warned the public about fake stablecoins in Hong Kong, specifically flaggin... Read more

Tazapay Secures Money Service Operator License In Hong Kong

Singapore-based cross-border payments company Tazapay has secured a Money Service Operator (MSO) license in Hong Kong. ... Read more

Livi Bank Posts First Full-Year Profit In 2025 As Loans Rise 49%

Hong Kong digital bank livi bank reported a full-year profit of HK$21 million for 2025. For the year, total operating i... Read more

FWD Group Reports US$720M In New Business Sales As Expansion Continues

FWD Group reported a 4% year-on-year increase in new business sales to US$720 million for the first quarter of 2026, dr... Read more

WeLab Bank 2025 Revenue Hits HK$942M After Securing First-Half Profitability

WeLab Bank achieved profitability in the first half of 2025 and reported a 35% year-on-year revenue increase to HK$942 ... Read more

Ripple And Kbank Roll Out Institutional Digital Asset Wallet In South Korea

Ripple has partnered with Kbank to deploy an institutional digital asset wallet in Korea, equipping the internet bank w... Read more