SpiceJet employees have swords hanging over their jobs
Advertisement
Advertisement
Advertisement
Budget carrier SpiceJet, which is going through a rough phase, will take ‘tough decisions,’ if required, to rationalise its employee strength in accordance with its reduced fleet. The carrier’s workforce stood at about 5,700 last year, and it has now declined to about 4,500. But the airline is still overstaffed. According to a report published in The Economic Times, it is planning to reduce its workforce to 4,000 employees.
Kapoor also added that the airline will soon take a decision on whether to continue with the Bombardier Q400s in its fleet or not. He was interacting with reporters on the sidelines of India Aviation Summit.
SpiceJet had recently announced a change of guard in which its co-founder
Ajay has now said that he himself, along with some other investors, would invest Rs 1,500 crore to revive the airline.
Advertisement
- RBI Governor Das discusses ways to scale up UPI ecosystem with stakeholders
- People find ChatGPT to have a better moral compass than real humans, study reveals
- TVS Motor Company net profit rises 15% to ₹387 crore in March quarter
- Canara Bank Q4 profit rises 18% to ₹3,757 crore
- Indegene IPO allotment – How to check allotment, GMP, listing date and more
- Nothing Phone (2a) blue edition launched
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market