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Monday, 14 September, 2020, 13 : 30 PM [IST]

Singapore Airlines to retrench 4,300 people

According to a report in The Hindu, the Singapore Airlines Group said recently, that it will eliminate 4,300 jobs due to the “long road to recovery” for the global aviation industry battered by the coronavirus pandemic. It will cut the positions across Singapore Airlines, regional arm SilkAir and budget unit Scoot.

After taking into account a recruitment freeze, natural attrition and the take up of voluntary departure schemes, it said the actual number of laid off staff will be only about 2,400 in Singapore and overseas.

Ong Ye Kung, Transport Minister of Singapore said that the retrenchment was inevitable with air travel decimated by the pandemic, and that the vast majority of affected staff are foreigners. He pledged the government will work with trade unions and industry partners to help the affected workers find new jobs or transit to other industries.

The group said it is in a vulnerable position compared to other airlines as it does not have a domestic market that would be the first to see a recovery. To remain viable, it said its airlines will operate a smaller fleet on a reduced network in the coming years.
 
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