IndiGo to cut 10% workforce to control impact of Covid-19 pandemic

IndiGo, the largest airline in India, will shed 10 per cent of its workforce as the airline scrambles to control the impact of the pandemic.

The airline, with more than a 50 per cent market share, is one of the largest job creators in the Indian aviation industry owing to its size.

According to the latest data, which is till the end of FY19, the airline had 23,531 employees on its payroll.

The affected employees of IndiGo will be paid a severance pay of up to three months, gratuity, bonus, and medical insurance.

“The long-term stability of our company requires us to take some near-term cost reduction measures. We are, therefore, for the first time in our history, initiating a layoff programme, impacting 10 per cent of our workforce,” Chief Executive Officer Ronojoy Dutta said in an email to the airline’s staff.