During a speech to lawmakers and policy-makers last month, Gen Prayut vowed to tackle inefficiency at loss-making and debt-ridden state enterprises, telling their executives to consider cutting their salaries as a means of reducing losses, particularly at Thai Airways.
"I will overhaul them. Each organisation hires a large number of people, but when they introduced early retirement incentive programmes to cut costs, only low-level staff left, not high-level executives," Gen Prayut said.
THAI said last week that staff cuts, outlined in its"Mutual Separation Plan' saved n the company 3,722 billion baht in the first nine months of this year.