Thai Airways to cut salaries of employees

Starting Saturday, employees of THAI will cease work and take a pay cut, according to the national carrier. The announcement made Wednesday comes after the airline said it would suspend all flights due to duress caused by the Covid-19 outbreak, which has forced many countries to shut their borders. Chakkrit Parapuntakul, THAI's second vice-chairman who is now the acting THAI president, said the suspension comes with a pay cut ranging from 10%-40%. THAI said the emergency decree has caused restrictions at the border and thinned out passenger numbers which has forced the airline to stop its flights until the end of May. The airline has taken necessary measures to prevent employees from working for the duration of the flight suspension. At the same time, the company has issued what it calls the "8502 relief code" to assist employees. Instead of calling it pay cuts, the airline said it was rolling out "assistance pay packages" for employees across the board, plus remuneration.<br/>
Bangkok Post
https://www.bangkokpost.com/business/1892100/thai-airways-to-cut-salaries-of-employees
4/3/20
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