Wednesday, July 22, 2020

What IndiGo layoffs mean for India’s aviation sector

India’s largest airline IndiGo, which is also the country’s only cash-positive airline announced laying off 10 per cent of its workforce because of the economic crisis triggered by the Covid19 pandemic. IndiGo’s move is worrying for other airlines in the country given that the company has the strongest balancesheet among its peers.

Pranav Mukul explains the impact of IndiGo's cutting down of employee numbers >>>
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