{"id":537175,"date":"2022-11-19T12:46:52","date_gmt":"2022-11-19T07:16:52","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=537175"},"modified":"2022-11-19T12:46:52","modified_gmt":"2022-11-19T07:16:52","slug":"jet-airways-relaunch-hits-turbulence-ceo-confirms-salary-cut-leave-without-pay","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jet-airways-relaunch-hits-turbulence-ceo-confirms-salary-cut-leave-without-pay\/","title":{"rendered":"Jet Airways relaunch hits turbulence: CEO confirms salary cut, leave without pay"},"content":{"rendered":"<p>Once a celebrated airline, Indian carrier Jet Airways has hit another roadblock ahead of its relaunch, leaving many of its employees with reduced salaries and on leave without pay.<\/p>\n<p>The company&#8217;s CEO Sanjiv Kapoor confirmed in a series of tweets that the measures will be effective from December 1. The move came to light hours after its winning-bidder, the Jalan-Kalrock Consortium (JKC) announced it may have to take \u201csome difficult but necessary near-term decisions\u201d to manage cash flows.<\/p>\n<p>The pay cut is said to be up to 50 per cent, news agency PTI reported, and the quantum would be higher for the CEO and CFO.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Once a celebrated airline, Indian carrier Jet Airways has hit another roadblock ahead of its relaunch, leaving many of its employees with reduced salaries and on leave without pay. The company&#8217;s CEO Sanjiv Kapoor confirmed in a series of tweets that the measures will be effective from December 1. The move came to light hours after its winning-bidder, the Jalan-Kalrock Consortium (JKC) announced it may have to take \u201csome difficult but necessary near-term decisions\u201d to manage cash flows. The pay cut is said to be up to 50 per cent, news agency PTI reported, and the quantum would be higher [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[184,141,130],"tags":[],"class_list":["post-537175","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-hindustantimes","category-hindustantimes","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/537175","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=537175"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/537175\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=537175"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=537175"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=537175"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}