Tag: pay cuts
Intel implements pay cuts; CEO to take 25% cut
It hasn’t been long since Intel announced the layoff of about 340 people in California. And now, it is reportedly resorting to pay cuts....
Jet Airways to impose 50% pay cuts
Employees at Jet Airways may have to face up to 50 per cent pay cut starting 1 December 2022. However, the good news is...
SpiceJet to hike pilots’ salaries
SpiceJet will pay its captains Rs 7 lakh for 80 hours of flying per month. This is the hike that the Airline has announced...
Staff disgruntled over low salaries across Indian airlines
Cabin crew, technicians and pilots working for various airlines in the country have been protesting by calling in sick en masse.
The primary issue is...
IndiGo hikes salaries by 8% for the second time in 2022
IndiGo pilots and crew members have received yet another eight per cent hike in their salaries. This is the second hike in four months....
IndiGo pilots unhappy over pay cuts, suspension
Frustration is mounting amongst the pilots of IndiGo, which has reportedly made a profit of about Rs 130 crore recently after a two-year lull....
Air India pilots’ union demands restoration of pay cuts imposed during...
Indian Pilots’ Guild (IPG), which is the union of the pilots employed by Air India, wrote a letter to Rajiv Bansal, the recently-elected aviation...
TOI & ET announce second round of pay cuts
Bennett, Coleman and Company Limited (BCCL) has now announced the second round of pay cuts, taking journalists by surprise. The employees of The Times...
Indigo senior leadership to take increased pay cut
Ronojoy Dutta, CEO, Indigo, informed employees via an email that he was increasing his personal pay cut by 10 per cent and urged all...
Edelman lays off 390, cuts 5-20% pay of remaining staff
Edelman, the American public relations and marketing consultancy firm, has announced job cuts. It will be laying of about seven per cent of its...
Extended leave without pay for GoAir staff till June 30
On June 1, the GoAir management informed the employees about the extension of leave without pay (LWP) till the end of June, and even further,...
10-50% pay cut for staff of KPIT Technologies
KPIT Technologies, the Indian multinational company based in Pune, will be deducting 10 to 50 per cent of the salaries of its employees as...
Ryanair to lay off 3,000, sees no hope of business improving...
Ryanair, the Irish budget airline, is planning to slash 3,000 jobs, as it does not see demand picking up before 2022. It is also...
Most SpiceJet employees to receive April salaries on May 1
Low-cost carrier, SpiceJet, has announced that most of its employees will be paid their salaries for the month of April. This comes a day...
Low cash flow in health sector may invite pay-cuts
In an unfortunate turn of events, the heroes fighting the virus on the frontlines every day may have to succumb to pay cuts, deferred...
IndiGo to pay full salaries to majority of employees; revokes announcement...
Low-cost carrier (LCC), IndiGo, has revoked its earlier announcement of pay-cuts during the month of April. It has now decided to pay full salaries...
Enhanced payment transparency obligations for employers: Report
The European Parliament and Council, has passed a directive aimed at enhancing the implementation of the equal pay principle for men and women. The...
Latest
Air India launches Gurukul.AI; learning platform with 70,000+ cutting-edge tools
Air India has elevated its learning initiatives with the launch of Gurukul.AI. This new platform provides a wide array of over 70,000 cutting-edge learning...
Is Rolls-Royce preparing to lay off 30% of workforce?
Rolls-Royce is undergoing a streamlining exercise to increase efficiency. The process will involve some transformation and important changes in the structure / management.
With consultants...
DCB Bank allots over Rs 90,000 worth of shares as stock options to employees
DCB Bank (earlier known as Development Credit Bank) in a recent announcement made through an exchange filing disclosed that it has successfully allotted a...
Over 1,000 openings at Flydubai
Gone are the days when airlines were laying off staff left, right and centre with flights grounded, borders closed and people confined to their...
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Data analytics and not technology will redefine HR
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A. It has been a bagful of mixed experiences. At times I have been...
EQ, IQ & empathy define the success of a CEO
Q. You spent 16 years at LIC before moving to a corporate role at ICICI Prudential. Now, 22 years on, I am still curious...
“The big change has been that we have moved from jobs to skills,” Amaresh...
Q. How would you define the culture at GE?
A. Having been present in this region since 1902, GE has been around for 120 years....
