BookMyShow Lays Off 270 Employees as Pandemic Shuts Down Theaters and Stadium By Techtonic group Home-grown ticketing company, BookMyShow, has laid off or furloughed 270 employees - around 18 percent of its total workforce - because of the impact of the coronavirus pandemic. In an official blog post on Thursday, the company's founder and CEO, Ashish Hemrajani, said that the decision was being taken because of the effect the pandemic has had on the consumption of out-of-home entertainment. According to him: "As an organization, we have no option but to take some key decisions around matters of compensation & benefits, on the basis of known variables today. We are constantly pushing ourselves to not choose a path of no-return, but given this extraordinary situation of such magnitude, with no let-up in sight, we have had to resort to the task of reducing our costs to align them with what we believe will be greatly reduced revenues in the months to come" . ...