Malaysia-based carrier Malindo Air has launched a retrenchment exercise ranging from termination to a year’s unpaid leave for 2,647 employees, the human resources ministry said on Wednesday, as the coronavirus pandemic batters the aviation industry. Reeling from a slump in demand in the wake of travel curbs, the Malaysian arm of Indonesia’s Lion Air had already ordered a 50% pay cut and unpaid leave for staff in March. “The ministry... has conducted discussions with Malindo Air’s management on Nov. 3 to ensure the rights of the affected workers are protected and appropriate assistance is given,” said Human Resources Minister M. Saravanan. The plan unveiled on Sunday gave 439 employees notice of a year’s unpaid leave, with the possibility of being hired again when the economy ...
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