Singapore Airlines (SIA) Group announced today that it will cut approximately 4,300 jobs across the group due to the covid-19 crisis.
With the freezing of new hires and voluntary departure plans, the number of employees that will be affected is expected to be around 2,400.
”Having to let go of our valuable and dedicated people is the hardest and most agonising decision that I have had to make in my 30 years with SIA. This is not a reflection of the strengths and capabilities of those who will be affected, but the result of an unprecedented global crisis that has engulfed the airline industry.” says Goh Choon Phong , CEO of Singapore Airlines, in a press release
Estimating that airline demand will only reach the pre-pandemic period in 2024, Singapore Airlines plans to use approximately 50% of its capacity by the end of the year.
Carrier, not having the opportunity to arrange domestic flights in Singapore, is relatively unlucky compared to others, so it needs to reduce about 4,300 positions on Singapore Airlines, SilkAir and Scoot.
Airline says negotiations with unions in Singapore have started,
CEO Phong adds:
“The next few weeks will be some of the toughest in the history of the SIA Group as some of our friends and colleagues leave the company. We will conduct this process in a fair and respectful manner, and do our best to ensure that they receive all the necessary support during this very trying time.”
Singapore Airlines had approximately 17,200 employees at the beginning of 2020
This post was published on 10 September 2020 5:10 pm