IndiGo to lay off 10% of its workforce due to COVID-19: CEO
Team Udayavani, Jul 20, 2020, 7:57 PM IST
Mumbai: IndiGo has decided to lay off 10 per cent of its workforce due to the economic crisis caused by the coronavirus pandemic, its CEO Ronojoy Dutta said on Monday.
“From where things stand currently, it is impossible for our company to fly through this economic storm without making some sacrifices, in order to sustain our business operations,” Dutta said in a statement.
“Therefore, after carefully assessing and reviewing all possible scenarios, it is clear that we will need to bid a painful adieu to 10 per cent of our workforce. It is for the first time in the history of IndiGo that we have undertaken such a painful measure,” he added.
As on March 31, 2019, the airline had 23,531 employees on its payroll.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
MUST WATCH
Latest Additions
Geethartha Chinthane 104: The Power of Inner Inspiration to Face Challenges
Pakshikere Case: Bail granted to mother and daughter
Kangana takes ‘demon’ jibe at MVA, says it lost Maharashtra for disrespecting women
Eastern states were considered backward earlier, I view them as India’s growth engine: PM Modi
Villagers open fire on cops trying to take history-sheeter to police station
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.