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MAS to spring biggest layoff in Malaysia's corporate history

Staff expected to receive notices on job status latest by Friday
Thursday, May 28, 2015 - 05:50
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Some 8,000 MAS employees will soon be told that they will be laid off under a staff cutback plan by the state-owned carrier that could cost some RM1.6 billion.

Singapore

SOME 8,000 staff of Malaysia Airlines (MAS) will soon receive the bleak news that they will be laid off under a large-scale staff cutback plan by the embattled state-owned carrier that could cost some RM1.6 billion (S$592 million).

But the "separation plan", deemed the