Cathay Pacific Is Asking Employees To Go 3 Weeks Without Pay Due To Coronavirus
Hong Kong-based airline Cathay Pacific is asking its 27,000 employees to take three weeks of unpaid leave between March 1 and the end of June, due to a “significant” drop in demand for flights following the coronavirus outbreak, CNN reported. The airline is also implementing hiring freezes, asking suppliers for price reductions, and stopping all non-critical spending, chief executive Augustus Tang told employees in a video, according to Reuters. “This has been one of the most difficult Chinese New Year holidays we have ever had,” Tang said in the video....