IndiGo to cut staff by 10%, pilots safe
TIMES NEWS NETWORK
New Delhi: 21.07.2020
The massive impact of coronavirus on the aviation sector has led IndiGo to decide that it will reduce its employee count by 10%.
This is the first time India’s only cash-rich airline has decided to take such a step to survive the downturn.
IndiGo has about 24,000 employees. Its employee cost in 2019-20 was Rs 4,395 crore. IndiGo will not be laying off any of its over 3,000 pilots.
“It is impossible for our company to fly through this economic storm without making some sacrifices, in order to sustain our business operations. Therefore, after carefully assessing and reviewing all possible scenarios, it is clear that we will need to bid a painful adieu to 10% of our workforce,” a note from Indi-Go CEO Ronojoy Dutta said.
No comments:
Post a Comment