Hongkong Post is discontinuing permanent contracts for new hires as a cost-saving measure due to declining mail volume and financial strain. Approximately 200 probationary employees will be offered two-year contracts instead, with their future employment contingent on the organization's operational needs. This change aims to minimize the impact on staff while addressing the postal service's financial challenges. AI
RANK_REASON This is a change in employment policy for a postal service, not a core AI development or significant industry move.
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