More staff reductions planned for Thai Airways
THAI AIRWAYS International plans to trim more staff this year to stop the financial bleeding.
"The company has set a budget of Bt2.2 billion for the new cost-cutting plan," Narongchai Wongthanavimok, chief financial officer, said yesterday.
There is still no targeted number nor time frame for this round, but it should begin in one or two months.
Last year, the national carrier laid off 1,401 employees and spent more than Bt3.7 billion on the staff-reduction programme.
Management will ask each department to reveal its business plan along with resource management and any surplus that needs to be eliminated.
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