{"id":634390,"date":"2024-02-14T11:10:42","date_gmt":"2024-02-14T05:40:42","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=634390"},"modified":"2024-02-14T12:27:43","modified_gmt":"2024-02-14T06:57:43","slug":"spicejet-plans-to-hand-out-pink-slips-to-at-least-1000-employees-crisis-hit-airline-eyes-to-save-rs-100-crore-details","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/spicejet-plans-to-hand-out-pink-slips-to-at-least-1000-employees-crisis-hit-airline-eyes-to-save-rs-100-crore-details\/","title":{"rendered":"SpiceJet plans to hand out pink slips to at least 1,000 employees! Crisis-hit airline eyes to save Rs 100 crore \u2013 Details"},"content":{"rendered":"<p>SpiceJet, grappling with a series of challenges including financial instability and legal battles, is gearing up to lay off around 1,000 employees in a bid to cut costs and streamline operations amidst a reduced fleet size, officials revealed on Monday.<\/p>\n<p>The no-frills carrier, plagued by financial woes and legal disputes, is considering further job cuts due to an excess workforce compared to the diminished fleet capacity. A decision on the exact number of layoffs is anticipated this week, according to insiders familiar with the matter.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SpiceJet, grappling with a series of challenges including financial instability and legal battles, is gearing up to lay off around 1,000 employees in a bid to cut costs and streamline operations amidst a reduced fleet size, officials revealed on Monday. The no-frills carrier, plagued by financial woes and legal disputes, is considering further job cuts due to an excess workforce compared to the diminished fleet capacity. A decision on the exact number of layoffs is anticipated this week, according to insiders familiar with the matter.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[196,130,138],"tags":[],"class_list":["post-634390","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/634390","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=634390"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/634390\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=634390"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=634390"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=634390"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}