{"id":363999,"date":"2020-07-21T12:06:43","date_gmt":"2020-07-21T06:36:43","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=363999"},"modified":"2020-07-21T13:04:25","modified_gmt":"2020-07-21T07:34:25","slug":"indigo-to-lay-off-10-of-its-workforce-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indigo-to-lay-off-10-of-its-workforce-2\/","title":{"rendered":"IndiGo to lay off 10% of its workforce"},"content":{"rendered":"<p>IndiGo has decided to lay off 10 per cent of its workforce as it grapples with declining revenues as a fallout of the Covid-19 pandemic.<\/p>\n<p>\u201cFrom 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 \u2026 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,\u201d CEO Ronojoy Dutta said on Monday.<\/p>\n<p>As on March 31, 2019, the airline had 23,531 employees on its payroll and its employee cost in 2019-20 was Rs 4,395.4 crore.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IndiGo has decided to lay off 10 per cent of its workforce as it grapples with declining revenues as a fallout of the Covid-19 pandemic. \u201cFrom 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 \u2026 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 [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[216,130,148],"tags":[],"class_list":["post-363999","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-telegraph","category-newspapers","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/363999","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=363999"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/363999\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=363999"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=363999"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=363999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}