Topics: Profit margin, Revenue, Thomas Cook Group Pages: 8 (2450 words) Published: April 1, 2013
Popular Articles About Retrenchment
Row over retrenchment move
September 4, 2002 | Anil Ashutosh , TNN
DHANBAD: Tension prevails in Sijua colliery area of BCCL over retrenchment of workers who were given job in lieu of the land acquired for the Tetulmari and Snedra-Bansjora projects. Villagers of Pandeydih village and near by areas staged a massive demonstration before the office of the general manager on Tuesday and demanded immediate withdrawal of retrenchment order. They have threatened to launch a violent agitation if their demands were not conceded. In a memorandum submitted to the management,... Retrenchment Articles By Date

Retrenched workers get casual jobs
January 2, 2013 | TNN
HALDIA: Tamluk MP Subhendu Adhikari on Tuesday announced that handling agents of the Haldia Dock Complex (HDC) have agreed to employ 200 workers retrenched by Haldia Bulk Terminals (HBT) pvt ltd as casual labourers. He handed over appointment letters to seven of the workers at a meeting convened at a union office in Chiranjibpur during the day. Remaining workers will receive their letters from the party office in the next couple of days, he said. "Gradually, all the retrenched workers will be...

No retrenchment in railways: Nitish Kumar
February 16, 2002 | PTI
patna: railway minister nitish kumar on saturday ruled out retrenchment of railway employees saying "we do not have surplus employees". "there is no question of retrenchment in railways... we do not have surplus staff", kumar told reporters after flagging off sampoorna kranti express here. "we have a system of re-training and re-deployment of our employees and we engage the people from one work to another," he said. kumar said the income of railways from passenger fare had increased around 8 per... CHANDIGARH

Employees rally against retrenchment
May 13, 2002 | TNN
HISAR:The Haryana government is pushing us to a showdown, said R C Jagga, general secretary, Sarv Karamchari Sangh, Haryana, addressing a massive state-level rally of the employees here on Sunday. He said about 12,000 employees had been retrenched, about 25,000 posts abolished and their trade union rights had been withdrawn. Despite the mercury soaring above 46 degrees C, thousands of employees from all over the state arrived to raise their voice against the large-scale retrenchment of... TOP-STORIES

PCB retrenchment drive to cut expenses
June 29, 2012 | PTI
LAHORE: In a bid to reduce its administrative expenses, the Pakistan Cricket Board has issued termination notices to 18 of its employees. According to sources in the PCB, the decision to reduce the manpower was taken recently at the meeting of the Governing Council in Naudero, Larkana. "The council approved that the manpower needs to be reduced to deal with the budget deficits as administrative expenses take up a big chunk of the budget," one source said. The source said, in the first... CHANDIGARH

Centre to review cases of retrenched FCI guards, closed rice mills: Singla December 10, 2011 | Neel Kamal , TNN
SANGRUR: Sangrur MP Vijay Inder Singla has said that the Union food ministry has agreed to review the cases of retrenched FCI employees and closed rice mills "sympathetically. " Accompanied by rice millers and representatives of FCI employees on Thursday, Singla had taken up the matter with Union food minister KV Thomas. Around 271 rice mills have been lying closed in the area, with 182 of these closed down for giving below rejection limit (BRL) rice to...

Why did Jet Airways announce retrenchment?

The announcement was done due to rise in aviation fuel. Jet Airways thought through retrenchment the expenditure can be controlled which was going high due to fuel prices.

What was the immediate reaction in the environment?

Employees were protesting as they were with no job. By seeing the employees of Jet in such a situation, political parties supported them.   Due to this government was forced to rethink on the hike of...
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