Hit from the pandemic, online platform for booking movie tickets and entertainment events BookMyShow has laid off 200 people. This is second round of layoffs for the online portal.
Taking to social media, Ashish Hemrajani, founder and chief executive officer of BookMyShow said "COVID-19 has taught me many lessons and I learnt another one today. As we let go of 200 of the most incredibility talented and performance driven individuals, each and everyone has messaged, thanking me for the opportunity, the love for BookMyShow and asking me if they could help me in any possible way."
The company also reached out to multiple companies requesting for outplacement of these employees. Hemrajani wrote in his tweet "Finding each of them a new home, where a new journey can begin, was the easy choice. So if you have leads, please DM me and we will do the needful."
This is second round of layoffs for the company that had reduced staff by 270 people in May last year. BookMyShow has seen a bit hit in revenues as 65% of income was dependent on movie ticket bookings which have been nil for over a year now.