“The resilience of our people has always been a Cathay Pacific trait, and I know that these uncertain times are challenging for all of us,” Tang said. “I will be in a position to provide clarity to all of you once our plans have been finalised and I appreciate your patience during this period.”
This is simply a sign of the times as the aviation industry grapples with the hard-hitting impact of the pandemic.
Recently, Singapore Airlines (SIA) Group announced layoffs of over 4,300 employees. Similarly, SIA had delayed the exercise for as long as they could, banking on various cost-cutting measures, alternative support for ‘grounded’ employees, as well as government help.
READ MORE: SIA Group to slash about 4,300 jobs
Cathay was also ‘bailed out’ by the HK government, and is restructuring the organisation as part of longer-term business continuity plan. Like many airlines, they’re strategising how to depend on far fewer employees and flights, in an attempt to stabilise the business.