New Delhi, July 20: Indigo, the country’s largest airline company, on Monday announced that it will lay off around 2,500 employees, citing the financial situation, caused by pandemic Covid-19.
The company said it would lay off 10 per cent of its employees due to poor financial condition.
The airlines have about 24,000 employees. In this way, the livelihoods of about 2,500 people will be lost. These include all categories of personnel including pilots and cabin crew.
Indigo said that it did not deduct the salary of an employee in March and April.
Since May, the company has also adopted measures for wage reduction and leave without pay, it said, adding that despite this, the financial condition of the airlines is deteriorating.
Only a few of its fleet of 250 aircraft are currently operational. Therefore, in compulsion it has to remove 10 per cent of the employees.
Salary and relief amount for notice period will be given to the fired employees. Both would be equal to at least three months’ salary.
Apart from this, employees and their family members’ health insurance will be valid till December this year.
The company will help the fired workers in finding new jobs, it said.