Fate of MAS staff to be known today
Astro Awani
June 1, 2015 13:13 MYT
June 1, 2015 13:13 MYT
Starting today, some 20,000 Malaysia Airlines (MAS) employees will receive a letter stating their fate with the company.
Chief Executive Officer (CEO) of the new MAS, Christoph Mueller made it clear that the airline's staff anxiety period will be over soon.
The termination process is part of a plan to reshape MAS.
Existing assets and liabilities will be transferred to MAS Bhd which will take over operations on September 1.
An employee who is terminated will receive a payment depending on their grade.
Those not offered employment with MAS Bhd will also be eligible to receive ex-gratia payments. For those offered to work at MAS Bhd will also get bonuses.
The termination process will take place in phases, but some of them may be offered a short-term contract.
MAS Bhd will be a new airline, with a new look and rebranding.