Sunday, November 23, 2008

Jetairways Salary Cuts : HR Case

Biggest Indian private airline company Jetairways has decided to cut the salary of its employee to remain in the market. Jetairways said that If they dont cut the salary of their employees then Jat airways wont be able to survive.

Affected by Global Financial Criss , Jetairways ealier had decided to sack 1000 employees including 35 expat pilots. But within 48 they had to take the sacked employees back.

People are saying that the thread given by MNS Chief Raj Thackerey worked that time in favour of Jetairways Employees. However , Naresh Goyal of Jetairways declined that he decided to take back Jet air ways employees under the pressure from Raj Thackerey.

Jetairways sacking 1000 employees and taking them back within 48 hours , and after few days declaring salary cut for employees , can be a very good Case Study for Human Resource Management Students. ( HR Case )