Tag: ceo cathay pacific

Cathay Pacific to lay off 286 U.S cabin crew staff

The airline industry has long been in a soup due to the novel coronavirus outbreak. But things got even worse for the sector post the governments imposing nationwide lockdowns and travel-bans. It is being predicted that if the lockdown gets extended any further, several budget carriers will have to file for bankruptcy. In an attempt…

Why CEOs quit ?

CEO exits have become quite frequent over the years. With dipping business performance, ethical lapses, closer investor scrutiny, government and regulatory scrutiny, public scrutiny and need to ensure that an organization appears responsible – CEOs who fall on any parameter are shown the door. In the US, 1160 CEOs have quit till date (Sept 2019). The…