Thai Airways to offer voluntary early retirement | Bangkok Post: business

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Thai Airways to encourage early retirement by staff

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The national carrier Thai Airways International Plc (THAI) will offer a voluntary early retirement package to older employees as part of a strategy to reduce headcount and improve efficiency in its operations. 

THAI acting president Chokchai Panyayong said the board met Monday to consider the restructuring of the overall organisation and employees, in order to modernise and prepare for tougher competition in the future.

The company aims to cut the number of employees, currently 25,000. The goals are to match employees to operations by reducing the average age of staff, and matching employees’ skills with their jobs.

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