tds_animation_stack India After Air India, IndiGo to Lay Off 10% Workforce Over Economic Losses...

After Air India, IndiGo to Lay Off 10% Workforce Over Economic Losses Faced in COVID-19 Lockdown

New Delhi: Battling the financial losses faced due to the coronavirus pandemic, India’s biggest budget airlines IndiGo has on Monday confirmed that it will be laying off 10 per cent of its workforce. Also Read – Maharashtra Lockdown News: Total Shutdown in Sangli District From July 22 to 30 | Check Details  

“From where things stand currently, it is impossible for our company to fly through this economic storm without making some sacrifices, in order to sustain our business operations,” IndiGo CEO Ronojoy Dutta said in a statement. Also Read – Working Mothers Struggle The Most During COVID-19 Pandemic, Here is How to Remain Sane During This Tough Time

“Therefore, after carefully assessing and reviewing all possible scenarios, it is clear that we will need to bid a painful adieu to 10 per cent of our workforce. It is for the first time in the history of IndiGo that we have undertaken such a painful measure,” he added. Also Read – Vaccine Tomorrow? Mysterious Tweet by Lancet Editor Excites Netizens, Spirals Hopes on COVID-19 Cure

As on March 31 this year, the private domestic carrier had 23,531 employees on its payroll.

Last week, state-run airlines Air India announced that it has started the process of identifying employees, based on various factors like efficiency, health and redundancy, who will be sent on compulsory leave without pay (LWP) for six months up to five years.

However, the Indian Commercial Pilots’ Association wrote a letter to Air India over the proposed pay cut up to five years and said that they have already not been paid “70 per cent of [their] pay since April”.

“The proposed cut is almost 60% of gross emoluments. It is hilarious to note that the top management has proposed a meagre 3.5% cut on its own gross salary,” the pilots’ guild wrote in the letter.

The Indian pilots’ body has angered against the decision calling it ‘unilateral’ when they were ‘assured’ negotiation.

tds_animation_stack

tds_animation_stack
tds_animation_stack

Most Popular

How Las Vegas was the arena’s on line casino capital

These days, it’s impossible to think of Las Vegas without the image of the lights on the strip and glamorous casinos coming to mind....

Daily Disposable Contact Lens: Are They For You?

With the growing use of contact lenses due to their comfort level, various brands are manufacturing several categories of contact lenses based on wearability...

3 Mistakes to Avoid While Visiting the Dubai Desert Safari

Ageing is a fact of life, and as we begin to see the wrinkles and other signs, it makes us wonder how these physiological...

Uber’s Sexual Assault Data Is Not Shocking, Considering Their Long History Of Safety Lawsuits And Headlines

Have you ever been used a lawn tractor leaf bag? Battling finding the best lawn tractor leaf bag?What is Lawn Tractor Leaf Bag?Lawn tractor...