Hong Kong's Postal Service Sheds Permanent Contracts in Sign of Worsening Financial Strain The Hongkong Post has abandoned permanent contracts for new employees, a move that underscores the financial pressures facing the territory.
A decline in mail volume and a "worsening financial outlook" have prompted the postal administration to opt for two year contracts instead, renewable based on operational needs.
This shift from traditional civil service appointments to shorter term employment arrangements effectively removes any guarantee of permanent employment for new staff members.