Jet Airways fires 16 more employees; continues to lay off in small chunks to cut costs

Agencies
November 27, 2018

New Delhi, Nov 27: Crisis-hit Jet Airways continues to use layoffs in small chunks as one of the means to reduce cost, with the carrier handing over pink slips to around 16 more employees, a source said on Monday.

These employees were working as ground staff in Jet Airway’s Kochi and Hyderabad offices, as per the source.

Late last month, the airline had laid off 20 employees, including some senior-level executives from the in-flight services department. Prior to that, it reportedly had asked 15 managerial level employees from various departments, including engineering, security and sales, to leave the company.

The Naresh Goyal-promoted full service carrier, which has a fleet of 124 planes, has around 16,000 workforce.

“The airline continues to layoff people from various departments in small groups. It has already shut its city office in Hyderabad, which had 4-5 employees. Last week, the airline asked some of its employees working in Kochi office to quit. Together, it has retrenched another 16 people from these two offices,” said the source.

Jet Airways in its response said the company is optimising its resources in select cities, including

re-deploying resources where needed, as part of its turnaround plan, which includes a comprehensive network review and capacity deployment. “Jet Airways has undertaken a series of initiatives to enhance the economic performance, efficiency and productivity for the long-term health of its business,” a Jet Airways spokesperson said.

The airline said as part of this strategy, which comprised a comprehensive network review, capacity is being moved from uneconomical and point-to-point routes to the airline’s hubs in Mumbai and Delhi for denser, more profitable and productive operations. “Consequently, the company is optimising its resources in select cities, including re-deploying resources where needed, for greater synergy with the revised level of operations,” the spokesperson said.

Jet Airways, which is partially owned by Etihad Airways of Abu Dhabi, posted a net loss of Rs 1,261 crore for the September quarter and has been defaulting on salary payments to some of its staff. This was

the third successive quarterly loss for Jet Airways.

Last week, Jet Airways chief executive officer Vinay Dube had said the airline was in “active discussion” with various investors to secure financing to navigate through current headwinds and create long-term growth.

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News Network
January 6,2020

Dehradun, Jan 6: Universities are centres of learning and will not be allowed to become "addas" of politics, HRD Minister Ramesh Pokhriyal 'Nishank' has said.

The minister was replying to questions from reporters in Haldwani on Sunday about protests against the amended Citizenship Act across university campuses.

"Universities are centres of learning where the country's future is in the making. We cannot let them become addas of politics," Nishank said.

He accused the opposition parties of trying to turn the universities into hotbeds of politics.

The new legislation passed by Parliament aims to grant citizenship to persecuted religious minorities from Pakistan, Bangladesh and Afghanistan who had taken refuge in India and there is nothing wrong in it, the Union Minister said

"When Pakistan was created, the population of religious minorities there stood at 22 per cent. Today it is a minuscule 3.7 per cent. Persecuted on the basis of their religion, they sought sanctuary in India. The CAA is meant only to grant them citizenship," he said.

Terming the law humanitarian, the minister said it was going to make no difference to the status of Muslims in India and wondered why the Congress was making such a hue and cry about it.

Nishank's press conference in Haldwani was part of the BJP's campaign to create awareness in favour of the amended Citizenship Act.

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Agencies
May 17,2020

New Delhi, May 17: With the highest-ever spike of close to 5,000 cases in the past 24 hours, the COVID-19 count in India has crossed 90,000 on Sunday.

With an increase of 4,987 COVID-19 cases being reported in the last 24 hours, the count has reached 90,927, according to the Union Ministry of Health and Family Welfare.

The total number of active cases in the country stands at 53,946 today, while 2,872 deaths have been recorded due to the infection so far, with one patient having migrated. 120 deaths were reported in the last 24 hours.

However, on the positive side, close to 4,000 patients have also been cured and discharged in the past 24 hours, taking the tally of cured patients to 34,108.

With 30,706 confirmed cases, Maharashtra remains the worst-affected by the infection in the country.

It is followed by Gujarat and Tamil Nadu, with 10,988 and 10,585 cases, respectively.
The national capital, with 9,333 cases, is also one of the regions which is badly affected by the infection.

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News Network
April 11,2020

New Delhi, Apr 11: Ahead of Prime Minister Narendra Modi's meeting with chief ministers, senior Congress leader P Chidambaram on Saturday urged CMs of states where the party is in power to unanimously demand for transfer of cash to every poor family.

He said the poor have lost their jobs and have exhausted their savings. They are now standing in lines to get free food, the former Union finance minister said.

Chidambaram said remonetising the poor would cost only Rs 65,000 crore, which is economically viable.

"Chief ministers Amarinder Singh, Ashok Gehlot, Bhupesh Baghel, V Narayanasami, Uddhav Thackeray and E Palaniswani should tell the prime minister today that just as LIVES are important LIVELIHOOD of the poor is important, he tweeted.

"The poor have lost their jobs or self-employment in the last 18 days. They have exhausted their meagre savings. Many are standing in line for food," Chidambaram said.

Can the state stand by and watch them go hungry," he asked, adding that chief ministers should demand that cash be transferred to every poor family immediately.

"Remonetise the poor should be their unanimous demand," Chidambaram said.

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