AVIATION
IndiGo announces it will slash 10 percent of workforce
New Delhi: Private airlines major IndiGo on Monday announced it will lay off 10 percent of its workforce.
"The current pandemic has impacted many industries around the world, amongst which aviation has been one of the sectors that has been impacted the hardest. Even now, IndiGo is flying only a small percentage of its full fleet of 250 airplanes," the company said in a statement.
"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," the company said.
"It is for the first time in the history of IndiGo that we have undertaken such a painful measure. This is indeed a very unfortunate turn of events from the optimistic growth trajectory we had carved out for ourselves just six months ago; but this pandemic has forced us to re-evaluate our best laid plans," the company said.
The announcement was made by the aviation major at a time when the country is facing the COVID-19 pandemic.
After a gap of two months, India commenced domestic passenger flights from May 25.
India is under lockdown to avoid spread of the virus.
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