The economy around the world is in bad situation.Moreover the Aviation Industry all around the world is getting worst everyday.As a lead to this the Kingfisher Airlines has made a salary cut to its 50 trainees in as pilot.After this salary cut,the Jet Airways has now announced that there will be 10 percent reduction in [...]
Archive for the ‘Economy’ Category
Jet Airways slashes the salary of its employees-Junior pilots
Posted in Economy, tagged Jet Airways, Jet Airways cuts the salary, Jet Airways reduces the salary for junior pilots, Jet Airways reduces the salary of junior pilots, Jet Airways slashes the salary, Junior pilots in Jet Airways has been reduced, Salary reduction in Jet Airways on November 23, 2008 | Leave a Comment »
JP Morgan to cut 3000 jobs
Posted in Economy, tagged JP Morgan sacks 3000 employees.JP Morgan cuts 3000 employees.JP Morgan sacks, JP Morgan to cutoof 3000 jobs, JP morgan to slash 3000 jobs on November 22, 2008 | Leave a Comment »
The world is facing the recession.As the economic condition globally goes worse, day by day,the companies are in fear to get into bankruptancy.Earlier it was Lehmann brothers and Meriyll Lynch which were the giant banking sectors of America announced their bankruptancy.
Many companies started to involve in cutting down their expenses and underwent all the strategies [...]
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