Tuesday, March 28, 2006

MAS to Offer VSS

If I'm not mistaken, I recall MAS MD said a few months ago that no Voluntary Separation Scheme (VSS) was necessary. I also recall Paklah said it was good that MAS has a plan to turn itself around.

So if the original plan submitted by MAS has been "approved" in full by the Govt (remember, the Govt said it won't interfere in MAS) , then why does MAS need to make a u-turn now and now say that a VSS is required? And a shocking figure for the VSS i.e 6500 out of 23,000 staff to be offered!

Does this mean their original plan has been "rejected" or "amended" by the Govt?

MAS to offer VSS to 6,500 staffers

KUALA LUMPUR (AP) - MAS will offer a Voluntary Separation Scheme (VSS) to 6,500 employees currently working on domestic routes the airline will no longer operate, MAS managing director Idris Jala said on Tuesday.

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