IndiGo has decided to lay off 10 percent 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 percent 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.
All the airlines such as SpiceJet, GoAir and Air India, have either cut salaries or have sent a major part of their staff on leave without pay. COVID-19 pandemic has severely affected all the Indian carriers.
Earlier, several companies including food aggregators and cab aggregators had to reduce its workforce in tandem with declining sales and demand amid the coronavirus induced lockdown.