By Lisbet Esmael, CNN Philippines, 12 Feb 2021
Metro Manila (CNN Philippines, February 12) — Lufthansa Technik Philippines—one of the country’s biggest aircraft maintenance, repair and overhaul companies—will slash its workforce by 20%, affecting 300 jobs starting April, as the COVID-19 pandemic continues to hit the aviation industry.
The company is a venture between Germany’s Lufthansa Technik and Lucio Tan’s MacroAsia Corp.
Elmer Lutter, LTP president and chief executive officer, said the dire situation in the sector, which drove LTP’s other customer airlines to file for bankruptcy, forced the company to conduct a rightsizing program to ensure it would survive the global health crisis.
“While we look forward to the soonest recovery of the aviation industry and wish for the same for all other industries affected by the pandemic, we also have to face the reality of its current state and make the necessary adjustments to ensure operational efficiency,” he said in a statement on Friday.
The plan would be implemented in two phases—by voluntary separation and possible retrenchment to meet the rightsizing number.
In a mobile message on Friday, Eunice Gan, manager of corporate communications, said voluntary separation will take effect on April 1.
LTP gave assurances the package will be consistent with regulations on separation of employees set by the Department of Labor and Employment.
It will continue to work with 2,700 employees, it added.
The company said it has been providing aid to its employees since the beginning of the COVID-19 pandemic, including flexible work arrangements, tools to secure their health such as face masks and vitamins.
The firm’s health care program has also started covering its employees’ mental health.
Those qualified individuals, who will be affected by the rightsizing program, may apply to enroll in the Salute Program designed to keep skills and authorizations current. LTP said they will be prioritized for rehire.
September 18 –
International Equal Pay Day
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more than other cost items.
For widespread, practical equality!”
Invoke Article 33 of the ILO Constitution
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against serious violations of protocols of
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Accept the National Unity Government (NUG)
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October –
Monthly Observances:
Industry and Commerce Safety Month
National Statistics Month
Local Government Month
Consumer Welfare Month
Cooperative Month
National Quality and Productivity Improvement Month
National Health and Wellness Tourism Month
National Indigenous Peoples Month
Weekly Observances:
Week 1: Elderly Filipino Week
Week 2: National Health Education Week
Local Government Week
National Mental Health Week
October 17-23:
National Week for Overcoming Extreme Poverty
October 18 – 24:
United Nations Week
Last Week:
Nurses’ Week
Consumers’ Protection Week
Week of the 4th Sunday:
Barrio Farmers’ Week
Daily Observances:
First Monday (Oct 4): Universal Children’s Day i
n the Philippines
Oct 5: National Teachers’ Day
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Third Thursday (Oct 14): Conflict Resolution Day
Oct 21: Tenants’ Emancipation day
Oct 24: United Nations Day
Oct 29: National Indigenous People’s Thanksgiving Day
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