MakeMyTrip lays off 10% of staff as sector bleeds over travel curbs

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01.06.2020 - 18:24

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BENGALURU : Online travel aggregator MakeMyTrip (MMT) is laying off around 350 employees, or 10% of its workforce, citing business slowdown due to the global travel restrictions to combat the spread of covid-19.

The downsizing exercise at MMT has impacted non-tech roles at the group level, including Goibibo, said a company spokesperson.

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

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

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.

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United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

MakeMyTrip lays off 10% of staff as sector bleeds over travel curbs

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