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Rabble Rousing Random Ramblings by S Jagadish is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 Unported License.
Just who is Jet Airways kidding here?
On 15 October 2008, Jet Airways 'released from service' around 1900 employees, most of them being new hires and on probation in order to protect the future viability of the company given the economic scenario.
Such a decision could not have been taken without the knowledge of the founder-chairman, Mr. Naresh Goyal. The chairman would have also realized the implications of laying off so many employees. Jet Airways' management had their own reasons for doing so.
But exactly who are they kidding when Mr. Goyal said in a hastily convened press conference an hour or so ago that all those employees would be taken back? In fact, he said that he had not discussed this with the management. Even worse, he said that his management did it on the basis of the economic condition, and that he didn't know about the management's decision.
Mr. Goyal is the public face of Jet Airways. Does anyone know who Mr. Wolfgang Prock-Schauer is? He is the CEO, and I can't even recognize his face on television. Either Mr. Goyal tells a fabulous tale, or Jet's management is so inept that they don't keep him informed about a decision that was always going to have disastrous PR consequences.
If I were a CEO, the first thing I'd contemplate doing is to hand in my resignation. Mr. Goyal has effectively made Mr. Proc-Schauer and the rest of the CXOs look like heartless asses.
Would Jet have been better off if it hadn't forked out $500+ million for Air Sahara?
Labels: airlines, aviation, jet airways
Rambled @ 12:16 AM
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In any case Jet's decision to take back 1900 or so employees is a disaster for the future of business and employment opportunities in India.
Companies will be loath to recruit, and businesses will be shy away from operating out of India. By saving a 2000 jobs, there is no doubt lakhs of jobs will not be created.
That is true, Roshan. It makes no short-term or long-term sense. My point is not that the employees have no right to protest, or indeed that they should have been sacked in the first place.
Jet Airways' management took the decision based on some factors, and for the chairman to step in and override it all was so unprofessional.
By 
Jagadish (Oct 20, 2008, 7:15:00 PM)
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