Thousands of Malaysia Airlines employees
have received letters of termination but
most will be asked to rejoin the embattled
carrier after a rebranding. The firm wants to
become profitable again after a harrowing
year.
Malaysia Airlines on Monday laid out plans
for an across-the-board "hard reset" during
which the company would lay off 20,000
workers but ask 14,000 of them to return to
an entirely new, restructured airline.
The carrier plans to reinvent itself by
metamorphosing into a new brand as of
September 1 as it seeks to repair the
damage to the airline's image suffered after
two disastrous plane crashes in 2014.
New Chief Executive Christoph Müller said
the airline hoped to "stop the bleeding" in
2015, stabilize next year and start growing
again by 2017.
Turning over a new leaf
In a first move, the carrier sent termination
letters to its 20,000 employees as the airline
changes its brand, with most of them to be
rehired. However, some 6,000 would not be
taken back on in a bid to save costs, the
airline announced.

Just one airline employing 14000 people.