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CarDekho lays off staff, cuts salary amid COVID-19 crisis

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NEW DELHI : CarDekho has laid off employees and slashed salaries as the automobile portal looks to tide over the disruptions caused by COVID-19 pandemic that has badly hit the Indian auto sector.

While the company did not comment on the number of employees being laid off, reports suggest the number is as high as 200. When contacted, Girnarsoft Group - that runs CarDekho - said COVID-19 has led to disruptions across industries and auto is one of the worst hit sectors. "We were constrained to look at rightsizing and salary cuts in a few businesses given period of slow recovery and in some cases permanent change in pattern of consumer spends," it said in an e-mailed statement.

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