InvestorQ : Why is Make My Trip laying off people so aggressively?
Deepa Salunkhe made post

Why is Make My Trip laying off people so aggressively?

Answer
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Juvina Maggie answered.
3 months ago


Travel companies are the worst hit by the pandemic lockdown and Make My Trip is not exception. It proposes to lay off 350 employees, or 10% of the workforce. This is largely due to the slowdown in business due to global travel restrictions. This downsizing will largely hit non-tech roles. Kalra has said in an email to employees that he does not expect the travel market to bounce back any time soon. Globally, the travel and tourism sector has been the worst hit by the pandemic.