Cash-strapped budget airline SpiceJet to lay off 1,400 employees
Cash-strapped budget airline SpiceJet to lay off 1,400 employees SpiceJet has been delaying salary payments for several months. Many haven’t yet got their January pay. Cash-strapped budget airline SpiceJet is to lay off 1,400 employees, nearly 15% of its workforce, to cut costs and retain investor interest. The airline currently has 9,000 employees and operates…

