Mumbai: In a stunning U-turn, Jet Airways chairman Naresh Goyal late Thursday night announced the reinstatement of all 1,900 sacked employees and
asked them to return to work on Friday morning.
Apologizing for "the agony" that the staffers must have undergone, he said, "The management might not like my decision but sometimes there are disagreements within the family and as the head of the family, I am taking this decision."
Goyal said he had been unable to sleep because of recent events. "I am mentally disturbed with all this and I will not be able to live (like this) as long as I live my life." Calling it the most emotional day of his life he said, "My daughter is 19 years old. They (the sacked employees) are 20 or so. I cannot see their trauma and agony."
Distancing himself from the decision, he said the management had taken it on the basis of economic conditions in the industry. He claimed he didn’t even know the number of employees who had been sacked. He declined to commit himself on a revision of salaries although reports suggested that the staff might have to take a pay cut.
When asked if the company worked without his mandate, he said, "As chairman, it was my mandate to them to cut costs. The management had worked out an equation based only on arithmetic. But my conscience does not allow me to look at economics alone."
He denied that the volte-face was due to any political pressure.
17/10/08 Times of India
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Friday, October 17, 2008
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Jet says sorry, takes back all sacked staff
Friday, October 17, 2008
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