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Air India weighs furloughs, bonus delays amid mounting losses: Report
✦ AI Brief
Air India's board reviewed cost-cutting options, including possible furloughs, at a meeting held at the airline's headquarters in Gurugram, Haryana. The board discussed measures to reduce costs, which could include placing employees on furlough and delaying bonus payouts. Furloughs typically involve staff being placed on temporary unpaid leave during periods of financial stress. The airline is grappling with mounting challenges, mainly triggered by the West Asia conflict, and is pursuing a major transformation programme.