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SpiceJet to shed 15% of workforce by month-end March
February 15th 2024
SpiceJet will lay off 1,400 employees by March 31 as part of its turnaround plan, reports India’s Economic Times. Read More » “This is to ensure an alignment of company-wide costs against operational requirements,” the LCC’s spokesperson said. SpiceJet has 9,000 employees and operates 30 aircraft, including eight airliners wet-leased from foreign carriers. The reduced payroll is estimated to save the Mumbai carrier 100 million rupee (US$12 million) a year.
