{"id":5333,"date":"2020-03-10T14:39:55","date_gmt":"2020-03-10T06:39:55","guid":{"rendered":"https:\/\/sg.everydayonsales.com\/news\/?p=5333"},"modified":"2020-03-10T14:43:00","modified_gmt":"2020-03-10T06:43:00","slug":"another-casualty-from-covid-19-airasia-to-cut-pay-other-staff-perks-due","status":"publish","type":"post","link":"https:\/\/sg.everydayonsales.com\/news\/5333\/another-casualty-from-covid-19-airasia-to-cut-pay-other-staff-perks-due\/","title":{"rendered":"Another Casualty From Covid-19 &#8211; AirAsia to Cut Pay, Other Staff Perks Due"},"content":{"rendered":"<p><img loading=\"lazy\" class=\"alignnone size-full wp-image-5334\" src=\"https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2020\/03\/AirAsia-Budget-Cut.jpg\" alt=\"\" width=\"1360\" height=\"907\" srcset=\"https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2020\/03\/AirAsia-Budget-Cut.jpg 1360w, https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2020\/03\/AirAsia-Budget-Cut-300x200.jpg 300w, https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2020\/03\/AirAsia-Budget-Cut-1024x683.jpg 1024w, https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2020\/03\/AirAsia-Budget-Cut-768x512.jpg 768w, https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2020\/03\/AirAsia-Budget-Cut-1170x780.jpg 1170w, https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2020\/03\/AirAsia-Budget-Cut-585x390.jpg 585w, https:\/\/sg.everydayonsales.com\/news\/wp-content\/uploads\/2020\/03\/AirAsia-Budget-Cut-263x175.jpg 263w\" sizes=\"(max-width: 1360px) 100vw, 1360px\" \/>Would say that the Covid-19 is really having a hit to the economy especially if you&#8217;re in the <a class=\"thirstylink\" target=\"_blank\" title=\"Expedia\" href=\"https:\/\/sg.everydayonsales.com\/news\/go\/expedia\/\" data-nojs=\"1\" data-shortcode=\"true\">travel<\/a> line. As per reported by the <a href=\"http:\/\/focusmalaysia.my\" target=\"_blank\" rel=\"noopener noreferrer\">focusmalaysia.my<\/a>, the BUDGET carrier AirAsia Group Bhd (AAGB) has told its staff to brace for a series of cost-cutting measures, including receiving a lower salary, due to the challenging business environment.<\/p>\n<p>The acting CEO Tharumalingam Kanagalingam (also known as Bo Lingam) has informed all their staff yesterday in an internal memo sighted by FocusM that due to \u201cweaker\u201d economic conditions caused by Covid-19, among others, \u201ceveryone needs to be financially prudent and proactive.\u201d<\/p>\n<p>Bo Lingam made the announcement after reviewing \u201cevery option to minimise the impact of any measures\u201d on staff. The action on this is that the group will:<\/p>\n<ul>\n<li>reduce wage costs. Our highest earners have decided to lead by example and agreed to take a pay cut.<\/li>\n<li>suspend \u2018Free Munch\u2019 for all non-operations managers and above.<\/li>\n<li>restrict duty <a class=\"thirstylink\" target=\"_blank\" title=\"Expedia\" href=\"https:\/\/sg.everydayonsales.com\/news\/go\/expedia\/\" data-nojs=\"1\" data-shortcode=\"true\">travel<\/a> unless absolutely necessary. I would encourage all of you to use voice or video conferencing.<\/li>\n<li>cancel all big social events for the year.<\/li>\n<li>suspend external training unless it is required by law or regulation.\u201d<\/li>\n<\/ul>\n<p>He added that these measures were \u201cnot permanent\u201d and will be subject to periodic review \u201cuntil the situation normalises.\u201d But AAGB might need to announce additional measures if \u201cthings continue for longer or get worse,\u201d said Bo Lingam.<\/p>\n<p>\u201cYour manager or HOD will explain this exercise to you in more detail,\u201d he added. AAGB\u2019s cost-cutting measures come at a time when the aviation industry not just AA but Malindo has also taking the necessary steps due to economic turbulence caused by the coronavirus outbreak, restricting cross-border <a class=\"thirstylink\" target=\"_blank\" title=\"Expedia\" href=\"https:\/\/sg.everydayonsales.com\/news\/go\/expedia\/\" data-nojs=\"1\" data-shortcode=\"true\">travel<\/a>.<\/p>\n<p>Let&#8217;s buckle up and hope more of a good times will come soon!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Would say that the Covid-19 is really having a hit to the economy especially&hellip;<\/p>\n","protected":false},"author":2,"featured_media":5334,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[21],"tags":[841],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v16.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Another Casualty From Covid-19 - AirAsia to Cut Pay, Other Staff Perks Due - Singapore EverydayOnSales News<\/title>\n<meta name=\"description\" content=\"Would say that the Covid-19 is really having a hit to the economy especially if you&#039;re in the travel line. 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