Cathay employees at the Hong Kong International Airport. Photo: K. Y. Cheng Cathay employees at the Hong Kong International Airport. Photo: K. Y. Cheng
Cathay employees at the Hong Kong International Airport. Photo: K. Y. Cheng
Neil Newman
Opinion

Opinion

Abacus by Neil Newman

Cathay Pacific’s staff cut won’t be the deepest for Hong Kong

  • The first cut isn’t the deepest; job losses at the airline will provide cover for even bigger employers to make similar moves
  • While Cathay is a big name, its staffing numbers are dwarfed by other Hong Kong names such as HSBC, Swire and CK Hutchison

Cathay employees at the Hong Kong International Airport. Photo: K. Y. Cheng Cathay employees at the Hong Kong International Airport. Photo: K. Y. Cheng
Cathay employees at the Hong Kong International Airport. Photo: K. Y. Cheng
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Neil Newman

Neil Newman

Neil Newman is a thematic portfolio strategist focused on pan-Asian equity markets. Experienced in the major global financial centres of Tokyo, London and New York, he is a regular commentator on commercial investment strategies that suit constantly changing investor trends. He is a long-term resident of Hong Kong.