Bus firms may cut jobs in face of rising costs
Redundancy option under fire
New World First Bus and sister company Citybus say they may be forced to lay off staff in the face of soaring fuel costs, a disappointing fare rise and a pay claim from their workers that they cannot afford.
A spokeswoman for the operators said they were under huge stress from fuel prices and a 5 to 7 per cent pay rise sought by the bus unions was beyond their capability. She said 3 per cent was the most they could afford.
The stance was immediately slammed by unionist lawmaker Wong Kwok-hing who said the operators were displaying an 'angry face' to the staff and the public and were not being socially responsible.
And a union said it would be unfair to sack staff as they were not to blame for the rising fuel prices.
The company's warning came after the Executive Council last month approved fare rises ranging from 2 per cent to 7.24 per cent for five bus operators - Kowloon Motor Bus, Long Win Bus, New Lantao Bus, New World First Bus and Citybus on its island and cross-harbour routes.
All five expressed disappointment saying the approved increases were lower than they had demanded.