Cox & Kings Shuts Shop In Kolkata

by GoNews Desk 1 month ago Views 194
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Grappling with a financial crisis, tour operator company Cox & Kings has shut its offices in Kolkata and asked 2,000 employees to stop coming to work. The company has been blamed for a scam running into crores of rupees.

A case of fraud and foul play in India by world-renowned tours and travel company Cox & Kings has come to light. The company got 75 people to deposit Rs 40 crore in the name of foreign travel. But after that, it neither organised foreign travel nor did it pay back the booking amount to customers.

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Meanwhile, the company shut its six offices in Kolkata and fired around 2,000 employees without any notice. The company informed its employees by email that they have lost their jobs. Going through an economic slowdown, Cox & Kings has not paid salary to its employees in the past three months.

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