Avoiding layoffs: Turkish Airlines slashes wages
Turkish Airlines will sharply cut wages of its crews and ground staff but will avoid layoffs under a union-agreed deal as it seeks to recover from the impact of the coronavirus pandemic, a union official said on Monday.
The flagship carrier will cut pilot wages by 50%, cabin crew wages by 35% and other personnel wages by 30%, the Hava-Is union official said. The pay cuts will remain in effect until the end of 2021 but will be reviewed every six months, the official said.
No employees will be furloughed and the company will not use the short labour pay, a government system that provides wage support to employees, the union official said.
Published in The Express Tribune, September 1st, 2020.
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