Layoff 2024: The news indicates that SpiceJet Airlines is about to lay off 1000-1400 workers, or around 15% of its whole staff. Due to financial difficulties, SpiceJet plans to fire many of its staff.
According to the ET article, the airlines have justified the workforce reductions by pointing to operational needs to control the company’s overhead expenses.
Let us inform you that SpiceJet Airline employs 9,000 workers at the moment and that it runs approximately 30 aircraft, which also includes eight wet-lease from foreign carriers. If reports are to be believed, the airline is reducing staff because of an estimated Rs 60 crore salary expense.
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