Old Feb 5, 17, 5:51 am
Join Date: May 2009
Location: European: ZRH, Asian: SIN
Posts: 8,620
Originally Posted by murtaza12 View Post
They are desperate, they're having a tough time financially, and are laying off employees as well. Something about making 60% less profit than expected, I wasn't that engrossed in the conversation that my dad and uncle were having, but that was one of the things being said.

Source: My uncle works at EK, he's over 60,and him and a similarly aged colleague have been offered a retirement package if they agree to leave in May this year, rather than their original retirement year which was supposed to be in early 2019.
Thanks for this insight. Sounds like a good deal indeed - two years earlier retirement WITH compensation (how much was it? Half a year payment?) when you're still "young". Did he take it? Can he still profit from employee discounts when he takes it?
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