Air India practically "lays off 1500"

Air India planning to give a rest for 3 years to 1500 Employees.
Facing the heat of the financial crisis that has hit the aviation sector, state-owned Air India on Wednesday said it is considering a plan to give 3-5 years leave without pay to about 15,000 of its staff. "We are planning to offer leave without pay for three to five years. We can consider it for about 15,000 employees," Air India CMD Raghu Menon told said.
3 years of temporary leave without pay? That is just a softer way of showing the door.

Oct 16, 2008

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