Monday, May 4, 2009

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Jet Airways lays off 110 employees

India's leading private carrier Jet Airways handed over pink slips to 110 employees on the eve of May Day, the company said Friday. "Jet Airways undertakes additional measures to streamline costs to improve the financial health of the company under the challenging economic environment. The airline has issued notices of termination to identified employees on contract, who have superannuated," a company spokesperson said.

"The termination is in accordance with the law and their (employees') service conditions," he added. Of these employees, 50 were on contract basis, while the remaining 60 were probationary cabin-crew.

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