Indian airline SpiceJet has announced a significant workforce reduction strategy in response to its financial instability and legal battles. The airline is looking 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.
A SpiceJet spokesperson acknowledged the implementation of measures aimed at achieving profitable growth, including manpower rationalisation but specific figures were not provided.
According to FinancialExpress.com an internal memo stated that priorities for the airline include fleet modernisation, improved punctuality, and rigorous cost-cutting measures to streamline operations.
The airline has reduced its Boeing 737 fleet read more ⇒