Bangalore: After closing down four of its seven offices in India on Friday, Deutsche Lufthansa AG, Europe's second largest carrier, has terminated the services of several employees overnight, owing to the worsening economic downturn, reported The Economic Times.
The laid off employees were not provided with any retirement benefits of other perks that would compensate their loss of job and were allowed to take home only their basic salary. Employees averred that no provision has been made for a voluntary separation scheme.
Friday, February 13, 2009
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