New Delhi, June 1 -- MakeMyTrip will be laying off 350 employees, as the Covid-19 impact on travel continues to hurt the travel industry.

Hospitality, restaurants, events and travel are among the most impacted businesses because of the Covid-19 pandemic and the associated shutdowns. On March 24, MakeMyTrip said it was reviewing its operating costs and a hard look at all our fixed costs including people costs. The company cut down variable costs like advertising, sales promotions, payment gateway costs. It even optimised IT infrastructure and expenses relating to the functioning of its offices and other establishments.

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