covid-19 pandemic Government travelers

Covid-19 lockdown: MakeMyTrip to lay off 10% of its workforce as revenues hit

Reading now: 315
www.livemint.com

BENGALURU: Online travel aggregator MakeMyTrip (MMT) will lay off around 350 employees, comprising 10% of the workforce, citing slowdown in the business due to global travel restrictions to contain the spread covid-19.

The downsizing at MMT will primarily hit non-tech roles at the group level including the Goibibo unit, said a company spokesperson responding to Mint’s queries.

Goibibo and MakeMyTrip had merged their businesses in 2017. In an email to employees, MakeMyTrip's chief executive Deep Kalra said the global pandemic has affected travel and tourism sector and that there is a need to "revisit" some business strategies as the company doesn't expect the travel market to bounce back up soon.

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA