Online travel major MakeMyTrip has laid off nearly 350 employees as the Covid-19 pandemic has changed the viability of some of its business lines in its current form.
The company is offering mediclaim coverage for the impacted individuals and their families till the end of the year.
MakeMyTrip founder Deep Kalra and CEO Rajesh Magow said – in an internal letter sent to employees — that the impacted employees will get leave, gratuity, retention of company laptops and outplacement support, apart from salary payments as per their notice periods.
The company analysed Covid-19 impact closely and spent considerable time thinking about the path to business recovery.
The staff rationalization is mapped to their future business strategy and is in no way a reflection of the work done by people in these teams.