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SPICEJET LAYOFFS
SpiceJet shares fall over 4% as investors remain apprehensive of fund infusionCash-strapped SpiceJet is short on liquidity, and investors are apprehensive about fund infusion, CNBC-TV18 said, citing sources. Additiona...- SpiceJet to sack 15% of workforce, co says its a 'turnaround' strategyPrivate airline SpiceJet is set to lay off 1,400 employees, constituting 15% of its workforce, as part of a cost-cutting strategy aimed at ...
- Zoho freezes hiring in engineering roles, selective recruitment for customer-facing roles to continueAmid global macro headwinds, Zoho on Wednesday said it has decided against layoffs but will adopt a prudent approach involving a hiring fre...
- Amazon Air promises faster deliveries in metros; Zomato shuts 10-minute food deliveryAmazon Air, the ecommerce giant’s dedicated cargo airline, has been launched in India with the aim of offering faster deliveries for more p...
- 57.25 lakh domestic air passengers in April, 26.8 pc lower than March: DGCAAccording to the Directorate General of Civil Aviation (DGCA), 78.27 lakh people travelled by air within the country in February. The drop ...
- SpiceJet’s ground staff to go on strike over layoffsCovid’s second wave has hit SpiceJet so badly that the airline said it has been forced to partially outsource its ground handling operation...
- Dues of 4 major domestic airlines to AAI more than doubled in Feb-July periodIndia has six major domestic carriers, IndiGo, SpiceJet, GoAir, AirAsia India, Air India and Vistara, which owed to the AAI a total of Rs 2...
- IndiGo plummets to record Q1 loss from record profit year agoRevenue for the quarter fell 92% to Rs 767 crore. Other income rose 2.8% to Rs 377 crore primarily backed by its investments from its cash ...
- HNIs dared to buy stocks worst hit by Covid-19, paid through the noseSome 16 BSE500 stocks saw over 200 basis points jump in HNI stake in March quarter.
- Covid crisis the perfect opportunity to turn Indian aviation around: SpiceJet's Ajay SinghSpiceJet CMD Ajay Singh said it was the perfect time to bring about structural reforms in aviation sector.
- SpiceJet boss Ajay Singh says policymakers should take part blame for Jet failureAjay Singh said that internal factors and high costs were among the reasons for its failure.
- SpiceJet says worst behind it; recapitalisation to begin soonThe carrier is implementing a number of cost-control measures such as fleet rationalisation, optimising aircraft utilisation, re-negotiatio...
- Laid-off SpiceJet staff to be preferred in future hiringSpiceJet may see some 'temporary' layoffs as the low-cost carrier (LCC) begins its difficult flight to recovery under new owner and co-foun...
- SpiceJet may consider layoffs ahead of proposed investmentSpiceJet may consider retrenching a section of its around 5000 employees ahead of the proposed fund infusion by the potential investors in ...
- It's a crime to fly empty seats, says SpiceJet COO Sanjiv Kapoor"We fly about 340 flights a day. So you stimulate flights that need support or flights that you think would fly with more empty seats," sai...
- Bullish on India's manufacturing sector: Wilbur RossIn an interview with ET Now, Wilbur Ross, CEO and Chairman, WL Ross and Co, talks about the US and emerging market economies. Excerpts:
- Low-cost carriers on a hiring spreeBucking recessionary trends, budget carriers, such as IndiGo, SpiceJet and Paramount Airways, have set the ball rolling by hiring people ac...
- Low-cost carriers on a hiring spreeBucking recessionary trends, budget carriers, such as IndiGo, SpiceJet and Paramount Airways, have set the ball rolling by hiring people ac...
- Jittery Jet, Kingfisher staff look to board LCCsWith Jet Airways and Kingfisher Airlines struggling to combat rising costs, employees of both airlines are now scouting for jobs in competi...
- Aviation slump hits domestic fliers hardThe number of people taking domestic flights has fallen by 18.5%. This September's low is the straight fourth month in a row that domestic ...
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