KUALA LUMPUR (Sept 11): Singapore Airlines (SIA) Group announced yesterday that about 2,400 SIA staff will be affected by job cuts owing to the impact of the Covid-19 pandemic.
Staff were told about the plans at a virtual townhall yesterday, reported The Straits Times (ST).
"The Singapore Airlines (SIA) Group today announced the difficult decision to cut around 4,300 positions across its airlines. After taking into account a recruitment freeze, natural attrition and the take-up of voluntary departure schemes, the potential number of staff impacted will be reduced to about 2,400 in Singapore and in overseas stations.
"This decision was taken in light of the long road to recovery for the global airline industry due to the debilitating impact of the Covid-19 pandemic, and the urgent need for the group's airlines to adapt to an uncertain future," SIA said in a statement.
According to the ST report, the airline also stated that it expects to operate at less than 50 per cent of its capacity at the end of the financial year in March next year.
“Relative to most major airlines in the world, the SIA Group is in an even more vulnerable position as it does not have a domestic market that will be the first to see a recovery,” added SIA.
“In order to remain viable in this uncertain landscape, the Group’s airlines will operate a smaller fleet for a reduced network compared to their pre-Covid operations in the coming years,” it said.
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