After slashing 190 managerial roles on May 22, Cathay Pacific launches its second phase of downsizing today, as part of its ongoing three-year transformation programme.
According to the Oriental Daily, 400 staff members in non-managerial roles (Level A , B and C employees) were informed today [8 June] via email about the job cuts. This round of cuts does not affect engineering, human resources, finance and other support departments.
In a press release issued in May, the airline announced it would cut 400 non-managerial roles, in addition to cutting 190 management roles.
The press release also mentioned employees who lose their jobs will receive a severance package including up to 12 months’ salary, extended medical benefits such as counselling and support, and additional and extended travel benefits. The airline will also offer all outgoing employees job search support, job application support and interview training.
A spokesperson from Cathay Pacific Airways Local Staff Union confirmed the job cuts to Oriental Daily, but said they are yet to receive confirmation on the exact number of jobs that were made redundant.
Human Resources magazine has reached out to Cathay Pacific for comment.