Rombakan MAS: 6,000 akan hilang pekerjaan

R2D2

About a quarter of Malaysia Airlines' 20,000 employees are likely to lose their jobs under a restructuring plan for the loss-making airline hit by two separate jet disasters this year, a source with direct knowledge of the matter said.

The restructuring plan, due to be unveiled later this week, will include route cuts, as well as the loss of up to 5,000-6,000 jobs, according to the source, speaking on condition of anonymity.

The carrier's majority owner, Khazanah Nasional Bhd, is expected to announce the plan to restructure the firm as early as August 28. Khazanah, which owns 69.37% of the airline, formally known as Malaysian Airline System Bhd (MAS), said earlier this month it is taking MAS private in a RM1.37 billion deal.

MAS is due to announce second-quarter results on August 28 that are expected to show losses expanding. MAS has been struggling with a slump in business since the unexplained disappearance of Flight MH370 in March tipped the airline into its worst quarterly performance in two years in January-March.

Its problems deepened on July 17 when its Flight MH17 was shot down over Ukraine, killing all 298 people on board. The airline is now set to post one of its weakest performance in the April-June quarter, hit by due to cancelled bookings, weak passenger yields and high overheads, according to analysts.

The same source told Reuters in July that Khazanah planned to de-list the airline, which has recorded a net loss for the past three years, and announce the restructuring plan as early as the end of August.

A Khazanah spokesperson said it does not comment on speculation.

Prime Minister Najib Razak, who is chairman of Khazanah, still has to sign off on a restructuring plan for the carrier that is politically sensitive.

While 5,000-6,000 job losses would signal a drastic downsizing of the firm, analysts have said many staff could be offered jobs at other government-run firms to soften the blow to them and their families. About 13,000 MAS workers are unionized, belonging to the MAS Employees Union.

The airline and its key stakeholders are in talks with banks for an overhaul that could include the partial sale of its engineering unit and an upgrade of its ageing fleet, sources involved in the discussions have told Reuters.

The plan is also expected to bring in a new chief executive and replace other senior executives.

Shares of MAS ended unchanged at 25.5 sen on Monday. The stock has dropped 17.7% year to date, compared with a 0.2% rise in the benchmark index. – Reuters, August 25, 2014.

jengkoil

Patut dah lama buat kot...tapi kesian jgk..

Selagi percaya rezki dari ALLAH dan rajin berusaha..insha Allah xkan kebuloq...

CiliPadiSedap

jengkoil posted on 25-8-2014 11:01 PM
Patut dah lama buat kot...tapi kesian jgk..

Selagi percaya rezki dari ALLAH dan rajin berusaha..i ...

daripada buang 20 000 baik buang yg corrupt dan buat MAS rugi.

mcm sakit kencing manis. penyakit dekat kaki, tp pergi potong kepala, potong bahu, potong hidung kan keja gila? punca MAS rugi tak reveal tp rakyat malaysia dah tahu

sayawifenikmie

.. kesiannnnnnn .....

jengkoil

CiliPadiSedap posted on 25-8-2014 11:16 PM
daripada buang 20 000 baik buang yg corrupt dan buat MAS rugi.

mcm sakit kencing manis. penyak ...

Cucuk insulin dulu baru potong yg mana patut kot..

freebird

apa risau? BR1M kan ada??

munchkin

Salam takziah..
..

Kittie

Risau route mana bakal kena cut.

melinda_kerr

Kesiannya.. Dgn zaman skrg yg semua benda mahal tetiba hilang pekerjaan pula

harimau76

kesian kat mereka2 yg terlibat.. semoga dipermudahkan urusan dan dimurahkan rezeki di tempat lain utk mereka...

Voyagers

Kittie posted on 26-8-2014 12:26 AM
Risau route mana bakal kena cut.

next los angeles kan?

cmf_blingblings

Benda ni bukan benda barupun, ramai jah kengkawan aku sejak lebih 5 tahun lepas dok dengar-dengar bila, bila, bila?? Dia org bukan takut apa sgt tapi lebih kepada tunggu durian runtuh jah...harap-harap berbaloilah

saladin780

Adoila kesiaannya..bertabahlah bg yg kena buang koje tu

juliez

@R2D2 tt tumpang thread ye. Isu yg lebih kurang sama. Malas nak buka thread baru

MAS lost 200 crew members after MH370, MH17, says union



Apart from treatment available at its medical centres, MAS said it has also engaged Mercy Malaysia to provide emotional support to all its crew since the MH370 tragedy. – The Malaysian Insider pic, August 25, 2014.

Almost 200 Malaysia Airlines (MAS) crew members have resigned notably after the double airline tragedies involving MH17 and MH370.

Malaysia Airlines System Employees Union (Maseu) secretary-general Abdul Malek Ariff said they were down to only about 3,000 cabin crew members currently.

“Some are now afraid to fly. There is nothing we can do about this. They have developed some kind of fear and we hope that over time, they will be back to normal,” he said.

Malek said they were understaffed and many work up to 12 hours daily– eight hours compulsory and four hours overtime.

“We don’t have a choice. Recruitment for new staff has been very slow and we have to depend on our existing crew to keep flying.

“This is a very difficult time. I mean, losing one aircraft is bad enough, but losing two over such a short period was simply too much to handle, especially for our female crew,” he said.

He said many of the crew members have opted for early retirement which is an alternative offered under the Collective Agreement.

“However, due to the acute shortage of crew members, the management has rejected such applications.

“At present, there is nothing much we can do. We are working hard to rebuild confidence and hope that we can encourage the entry of more new staff,” he added.

In a statement to The Edge Financial Daily, Malaysia Airlines System Bhd said that the total number of resignations from January until July this year was 186 and not 500 as some have alleged.

“Following the MH17 incident, there was a spike in crew resignations, but the number has now decreased to routinely expected levels.

“Many cited family pressure as the reason for their resignation due to the double tragedies. At present the resignation rate at MAS is less than 5% which is way below the industry norm,” it said.

Apart from treatment available at its medical centres, MAS said it has also engaged Mercy Malaysia to provide emotional support to all its crew members since the MH370 tragedy.

“MAS has also organised special prayers as spiritual support for staff in facing this difficult period. Also, all cabin crew work schedules are planned within the confines of the regulations and the legal flight time limitations.”

A senior cabin crew member told The Edge Financial Daily that following the two flight tragedies, several cabin crew members were plagued with recurring nightmares, with some having sought the help of psychiatrists to cope.

“Apart from the pressure of having to deal with the loss of loved ones and colleagues, we also have to answer all kinds of questions from passengers, many of whom are insensitive to what we are going through,” he said.

He said crew members want the public to know the kind of distress they were going through and appeal to them to be more patient and understanding. – The Edge Financial Daily, August 25, 2014.

Kittie

juliez posted on 26-8-2014 12:50 AM
@R2D2 tt tumpang thread ye. Isu yg lebih kurang sama. Malas nak buka thread baru

MAS lost 200 c ...

Tak ramai mana cabin crews. Staff bahagian lain yg ramai.

juliez

Kittie posted on 26-8-2014 12:59 AM
Tak ramai mana cabin crews. Staff bahagian lain yg ramai.

Crew at one time cecah 5k. Now ni 3k pun tak sampai

Kittie

juliez posted on 26-8-2014 01:00 AM
Crew at one time cecah 5k. Now ni 3k pun tak sampai

Tuhla... sikit betul. Teruk overworked. Sian derang.

c===8

agak2 kalau aritu jadi gabung dgn airasia bakal berlaku pembuangan pekerja x?

eco_internet

bnyk lagi tempat boleh keje... join la mana2 airlines ke, kompeny ke...kalau dpt VSS, buat bisnes ke....

djflux2000

Hahaha..6k tuu...apalah nasib kami..service pun kurang 10yrs.hmmm..