MAS to spring biggest layoff in Malaysia's corporate history

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 largest layoff in Malaysia's corporate history, to revive the ailing and tragedy-struck airline is not without its share of challenges.