Tuesday, November 27, 2018

Amid financial crunch, Jet Airways lays off 16 employees to cut costs

New Delhi: Indian airline Jet Airways, which is going through a financial crisis, has fired approximately 16 employees in a bid to reduce its operational costs.

Speaking to news agency PTI, a source confirmed the fresh development at the crisis-hit carrier, which had asked at least 20 employees, including senior-level executives, from the in-flight services department to leave last month.

Unlike the previous round of layoffs, this time the firing has been limited to the ground staff at the Kochi and Hyderabad offices.

The airline had also reportedly asked 15 managerial-level employees from various departments, including engineering, security and sales, to exit the company.

It may be noted that the Naresh Goyal-promoted full service carrier, comprising a fleet of 124 aircraft, has a total workforce of around 16,000 individuals.

"The airline continues to lay off people from various departments in small groups. It has already shut its city office in Hyderabad, which had 4-5 employees, the source said.
26/11/18 India Today

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