Indigo to layoff 10 per cent staff due to economic losses
New Delhi : After months of battle from the economic losses due to coronavirus pandemic, India's biggest budget airlines Indigo has announced that they will be laying off 10% of its workforce.
“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,” IndiGo CEO Ronojoy 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.
On March 31, the company had 23,531 employees on the payroll. Which means around 2,300 employees are set to lose their jobs in the company.
Last week, Air India had announced that they will be identifying employees who were less efficient or had health issues; post that they will be sent on a compulsory six month leave without pay.
However, the Indian Commercial Pilots’ Association wrote a letter to Air India over the proposed pay cut up to five years and said that they have already not been paid “70 per cent of [their] pay since April”.