TravelIN

TravelTriangle Layoffs

March 2020

TravelTriangle announced a layoff affecting 250 employees (50% of its workforce) in March 2020. The company operates in the Travel sector.

People Affected

250

Percentage

50%

Announced Date

Mar 28, 2020

About

Travel tech startup TravelTriangle laid off approximately 250-300 employees, representing about 50% of its workforce of around 600, in late March 2020 due to the severe impact of the COVID-19 pandemic. The travel and hospitality industry faced a near-total halt in business, forcing the company to conserve resources. Affected roles included operations, marketing, customer support, and business development. This move marked one of the first major layoffs in India's travel sector during the crisis, with concerns that further job cuts might follow if conditions did not improve.