Malaysia Airlines said 4,200 employees applied to participate in its Mutual Separation Scheme, a buyout program offered to more than 18,000 staff as part of its Business Turnaround Plan (ATWOnline, March 6). MAS will see an additional 1,171 employees retire this year. "Based on the profile of the applicants, we are looking at achieving our objective [MYR300 million ($81.3 million) in savings] in August this year by releasing around 3,000 employees in the higher salary bracket," MD and CEO ...

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