MakeMyTrip

MakeMyTrip laid off 350 employees representing approximately 10% of its workforce on 2020-08-31.

In June 2020, the online travel aggregator MakeMyTrip announced it would lay off approximately 350 employees, representing about 10% of its workforce. The decision was driven by a severe downturn in the travel and tourism industry due to the COVID-19 pandemic, which caused global travel restrictions and a sharp decline in revenues. CEO Deep Kalra explained that the company needed to adjust its business strategies as a recovery in travel demand was not expected soon. The layoffs primarily affected non-tech roles at the group level, including within its Goibibo unit. MakeMyTrip, a major player in India's online travel sector, also noted it had previously implemented salary furloughs and provided affected employees with benefits like extended medical coverage and outplacement support.