New Delhi: Kingfisher Airlines has been eyeing layoffs to save costs for some time. Now, a report by Zee News claims that half of the company’s employees may be asked to leave. “In order to resolve its deepening debt crisis, the Kingfisher Airlines might lay off 50 percent of its current employees, sources claimed on Monday.
“Kingfisher is expected to make an official announcement regarding its decision to slash 50 percent of its current workforce later in the evening,” the Zee News report said.
The airline has close to 6,000 people on its rolls. Reuters
The airline has close to 6,000 people on its rolls and a majority of pilots have already left to join rivals such as IndiGo and Go Air because of mounting salary arrears and uncertainty surrounding the airline over the last many months.
26/03/12 First Post
To Read the News in full at Source, Click the Headline
0 comments:
Post a Comment