IndiGo to cut 10% workforce to control impact of Covid-19 pandemic

India’s largest airline IndiGo will terminate 10 per cent of its workforce as the airline scrambles to control the impact of the coronavirus (Covid-19) pandemic.

The airline with more than 50 percent market share is one of the largest job creators in the Indian aviation industry due to its size. According to the latest available data (till the end of FY19), the airline had 23,531 employees on its payroll.

Urban unemployment, having fallen for four straight weeks, has reversed the course and risen in the week ended 5 July, in tandem with renewed lockdowns in parts of India, according to a survey carried out by the Centre for Monitoring Indian Economy (CMIE).