
IndiGo to lay off 10% of its workforce
NEW DELHI: 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.
Source: Press Trust of India
More Stories
Skye Air becomes the first ever Indian company to join the Global UTM Association
NEW DELHI: Skye Air, the Uncrewed Traffic Management (UTM) services in India, for the safe and efficient operation of drones...
Renaatus gets $ 29 million contract from Maldives to expand Gan International Airport
NEW DELHI: Renaatus Projects Private Limited, a construction and construction material manufacturing company with a strong foothold in Maldives and...
Akasa Air to hire nearly 1,000 people by March 2024: CEO Vinay Dube
NEW DELHI: Akasa Air plans to hire nearly 1,000 people and take the total staff strength to more than 3,000...
Defence Ministry inks contract with Hindustan Aeronautics Limited to procure 6 Dornier aircraft
NEW DELHI: The defence ministry on Friday sealed a deal with Hindustan Aeronautics Limited (HAL) to procure six Dornier aircraft...
Group Captain Shaliza Dhami becomes the first woman IAF officer to get command appointment
NEW DELHI: The Indian Air Force (IAF) has selected Group Captain Shaliza Dhami to take over command of a frontline...
Italy awards Leonardo C-27J Spartan upgrade deal
NEW DELHI: Leonardo and Armaereo, the Italian Defence Ministry’s Air Force Armament and Airworthiness Directorate, have signed a contract which...