Cathay Pacific has axed thousands of staff as part of a restructuring plan to survive the coronavirus pandemic. Photo: Felix Wong Cathay Pacific has axed thousands of staff as part of a restructuring plan to survive the coronavirus pandemic. Photo: Felix Wong
Cathay Pacific has axed thousands of staff as part of a restructuring plan to survive the coronavirus pandemic. Photo: Felix Wong
Neil Newman
Opinion

Opinion

Abacus by Neil Newman

Coronavirus has left Hong Kong’s economy looking critically ill

  • Daily local coronavirus infections are close to zero, but social distancing measures remain in force, holding back a much needed economic recovery
  • The business pillars of Hong Kong’s identity are fast shedding assets and staff as revenues collapse. Before it is too late, the SAR needs to be set mask free

Cathay Pacific has axed thousands of staff as part of a restructuring plan to survive the coronavirus pandemic. Photo: Felix Wong Cathay Pacific has axed thousands of staff as part of a restructuring plan to survive the coronavirus pandemic. Photo: Felix Wong
Cathay Pacific has axed thousands of staff as part of a restructuring plan to survive the coronavirus pandemic. Photo: Felix Wong
READ FULL ARTICLE