Jet Airways Employees To Meet COO To Discuss Salary Delay
Advertisement
Advertisement
“Earlier, the company used to pay salary on the last day of the month. Then the payment date was rescheduled to 7th of every month and thereafter, to 15th, after the airline was hit by a financial crisis. Unfortunately, this has become a new norm and we are paid around the middle of the month even after the Rs 2,060 crore
It was also learnt that employees had earlier accepted the delayed payment as the company was going through ‘financial turbulence.’
Jet Airways had suffered a loss of Rs 268 crore in the December quarter of FY2013-14.
Advertisement
“Jet Airways has always met and will continue to honour all its obligations to its employee,” the airline said in a statement.
Advertisement
- Global stocks rally even as Sensex, Nifty fall sharply on Friday
- In second consecutive week of decline, forex kitty drops $2.28 bn to $640.33 bn
- SBI Life Q4 profit rises 4% to ₹811 crore
- IMD predicts severe heatwave conditions over East, South Peninsular India for next five days
- COVID lockdown-related school disruptions will continue to worsen students’ exam results into the 2030s: study
- 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