{"id":634023,"date":"2024-02-12T12:22:02","date_gmt":"2024-02-12T06:52:02","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=634023"},"modified":"2024-02-12T12:22:02","modified_gmt":"2024-02-12T06:52:02","slug":"spicejet-set-to-lay-off-1400-employees","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/spicejet-set-to-lay-off-1400-employees\/","title":{"rendered":"SpiceJet set to lay off 1,400 employees"},"content":{"rendered":"<p>Cash-strapped budget airline SpiceJet is set to lay off 1,400 employees, nearly 15% of its workforce, to cut costs and retain investor interest. The airline currently has 9,000 employees and operates about 30 planes. Of these, eight are wet-leased from foreign carriers, along with crew and pilots.<\/p>\n<p>SpiceJet confirmed the job losses.<\/p>\n<p>&#8220;This is to ensure an alignment of companywide costs as against operational requirements,&#8221; a spokesperson said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cash-strapped budget airline SpiceJet is set to lay off 1,400 employees, nearly 15% of its workforce, to cut costs and retain investor interest. The airline currently has 9,000 employees and operates about 30 planes. Of these, eight are wet-leased from foreign carriers, along with crew and pilots. SpiceJet confirmed the job losses. &#8220;This is to ensure an alignment of companywide costs as against operational requirements,&#8221; a spokesperson said.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[192,130,136],"tags":[],"class_list":["post-634023","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/634023","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=634023"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/634023\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=634023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=634023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=634023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}