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Gulf Air - restructuring could lead to redundancies

Posted 23 November 2009 · Add Comment

Samer Majali has warned that the new Gulf Air strategy could lead to redundancies.

 

Speaking at this morning’s presentations to staff he said, “If our customers are our number one priority then our employees are our most important asset.  This programme will require some tough decisions as we look to address what remains a challenging marketplace.”

Majali said, “We will be reviewing all cost elements that do not provide equivalent or greater value and within that context we will be looking to significantly re-size our workforce over this three year period.  This will be done through natural attrition, retirements, the ending of contracts and other associated measures. 

“Some redundancies may be inevitable, in which case we will aim to redeploy individuals elsewhere within the company, but our priority will always be on retaining the best and most productive talent, safeguarding the jobs of Bahraini nationals and expats who continue to work hard for Gulf Air’s long term success and future.”

Both Majali and Al Zain reiterated the need for change. Majali said, “This will re-align Gulf Air so that it is better positioned for future growth.  It will create a dynamic, commercially sustainable business which will be in a far stronger position to meet its future challenges; to seek and grow new opportunities and to offer its staff better rewards and career development. 

“We will continue to engage with all our partners in constructive dialogue so that we can all work together in delivering the change that is required.  We also remain committed to keeping all our stakeholders fully informed as we achieve each major milestone of this strategic programme.”

 

 

 

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