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Gulf crisis: Air India says no layoffs planned, asks staff to cut discretionary spending
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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. What's Your Reaction?
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