Cash-strapped SpiceJet to cut 1,400 jobs to save costs

Cash-strapped SpiceJet to cut 1,400 jobs to save costs

Indian carrier SpiceJet will layoff 1,400 employees in a bid to cut costs and attract investors, a report said on Monday. This number constitutes 15 per cent of the airline’s total workforce and the layoffs have already started, it added. According to the Economic Times (ET) report, the airline has reportedly been delaying salary payments …

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