New Delhi: Recession-hit private airline Jet Airways is all set to carry out downsizing of employee strength in a phased manner over the next six months.
CNN-IBN learns that the job-cuts are supposed to be carried out from amongst the catering and crew members.
On Saturday July 11, 2009 Jet Airways had terminated the services of more than 40 trainee junior technicians on contract as part of its restructuring exercise in view of the challenges of the global financial downturn.
“These personnel are on fixed term contracts and the notices have been issued in accordance to the terms of their contract and law,” a Jet Airways spokesperson had told the media.
Some of them have also been offered opportunities to work in other departments of the airline, she had added.
“This trimming of the workforce has been necessitated by the ongoing rationalisation of airline operations,” the spokesperson said.
PTI reports say that the global meltdown which has badly affected the civil aviation sector, rising jet fuel prices and low passenger traffic, have forced several global airlines including Jet Airways to undertake various cost cutting measures.
Last year, Jet Airways had announced termination of the services of 1,500 personnel but was forced to take them back after a public outcry.
Jet Airways has also reworked the delivery schedule of its fleet acquisition plan and curtailed services on several sectors, both domestic and international.
Kingfisher Airlines is also undertaking similar measures to stem rising losses.
(With inputs from PTI)
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