Covid-19: IndiGo to lay off 10% of its workforce, says CEO Ronojoy Dutta
Budget airline IndiGo will be laying off 10 per cent of its workforce, which roughly translates into about 2,400 employees, as the aviation industry has been hit hard by the coronavirus pandemic.
“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. It is for the first time in the history of IndiGo that we have undertaken such a painful measure,” Ronojoy Dutta, CEO, IndiGo said in a note.
The laid-off employees will be paid notice pay in lieu of serving notice applicable to them, which will be calculated on the gross salary, based on the employee’s notice period.
