Hongkong Post scraps permanent contracts for new staff amid financial strain

Hong Kong’s self-financing postal administration will stop offering permanent civil service contracts to new employees as part of cost-saving measures amid a worsening financial outlook. Postmaster General Leonia Tai Shuk-yiu said on Monday that new Hongkong Post employees who pass probation in or after September would be offered two-year contracts on civil service terms, as the organisation faces a decline in mail volume. “Therefore, we must carefully plan our human resources, making timely...