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.