Jet Airways said that all employees earning a gross salary of more than INR75,000 ($1,473.15) per month will take a "graduated wage cut" over the next 12 months as part of an effort "to cover the challenges faced. . .due to the current economic slowdown worldwide." Pilot givebacks will comprise a wage cut and allowance rationalization. "Top management" has taken a voluntary 25% pay cut effective this month (ATWOnline Oct. 20). "Excess foreign pilots" are being laid off and "expatriate ...

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