Air India Defers Pay Hikes, Assures No Layoffs Amid Cost Cuts

Air India has informed its staff that while there are no immediate plans for layoffs, pay hikes will be deferred by a quarter as the airline focuses "relentlessly" on cost reduction. Employees have also been asked to cut discretionary spending.

8 May, 12:13 — 8 May, 12:13

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Times of IndiaMostly Factual2h ago

Gulf crisis: Air India says no layoffs planned, asks staff to cut discretionary spending

Air India assures employees no layoffs are anticipated despite financial strain from the Middle East conflict. However, annual salary increments will be deferred by at least a quarter. CEO Campbell Wilson urges a "laser sharp focus" on cost reduction, eliminating waste, and suspending discretionary spending to navigate these challenging times. Variable pay and planned promotions will continue.

By TOI BUSINESS DESK

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First report: Times of India · 8 May, 12:13|Full coverage: 2 · 2h|Window: 2h

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Times of India8 May, 12:13First to report

Gulf crisis: Air India says no layoffs planned, asks staff to cut discretionary spending

2h later

indian-express8 May, 14:04Latest update

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Air India Defers Pay Hikes, Assures No Layoffs Amid Cost Cuts

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Gulf crisis: Air India says no layoffs planned, asks staff to cut discretionary spending

Coverage Timeline

Gulf crisis: Air India says no layoffs planned, asks staff to cut discretionary spending

No layoffs planned but pay hikes deferred by a quarter, focus ‘relentlessly’ on costs: Air India top brass to staff

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