Lawstreet Journal

MakeMyTrip To Lay Off 350 Employees as Tourism Sector Hit Hard Amid Coronavirus Crisis

Lawstreet Journal 1 Jun 2020 9:56pm

Image courtesy: Lawstreet Journal Business MakeMyTrip To Lay Off 350 Employees as Tourism Sector Hit Hard Amid Coronavirus Crisis

Travel firm MakeMyTrip recently announced that it will be laying off 350 of its employees due to a severe hit from the COVID-19 pandemic which resulted in a widespread travel ban. The company further informed that there is a lack of clarity on when the traveling will become a part of regular day to day life due to the unassertiveness of the situation.

The CEO of MakeMyTrip Deep Kalra announced the decision via a formal letter. A company spokesperson confirmed the claims on the lines of businesses that were impacted being international holidays and related operations.

"As we revisited some of our strategic imperatives to be able to sustain our business in the long term, it is evident that the pandemic has changed the context and viability of some of our business lines in its current form. Keeping this in mind we have had to take this sad but inevitable decision of rightsizing our workforce," the letter read.

"We are truly appreciative of all the work they have put in over the years to make this organization what it is today. The staff rationalization we have had to undertake is mapped to our future business strategy and is in no way a reflection of the work done by people in these teams. We wish them only the very best for what follows from here, and we thank them deeply for their rich contribution to Go-MMT," it added.

To help workers who have been laid off, the organization is offering Mediclaim inclusion for people and their families… Continue Reading...


Tagged: Lay Off Employees   Corona Updates  
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