Thursday, December 11, 2008

Jet Sacked 1,000 Workers In Sep, Kept It Under Wraps - Dec 11, 2008

Jet Airways had handed marching orders to 1,000 workers and even managed to keep it under wraps, much before its sack order to 1,900 employees turned into a publicity nightmare. According to informed sources, Jet Airways CEO Wolfgang Prock Schauer had told investors that the company was able to synergise better between full service Jet Airways and budget airlines JetLite after trimming its staff.

During September, Jet Airways had announced that JetLite offered voluntary separation scheme to 687 employees. In the same month, Jet and JetLite executed a code share agreement aimed at offering better connections and wider connectivity, besides having a common reservation system. The carrier, which has a total of 13,000 employees, played out the sacking-and-reinstatement drama of 1,900 employees in October, with Chairman Naresh Goyal ''overruling'' its Board decision to fire the employees. Jet came under attack from various ministers and agitating employees for the sudden decision to sack so many people immediately, especially ahead of Diwali. It, however, defended itself stating that the decision was taken to save the jobs of the other 11,100 employees and would result in savings of $1 million a month.

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