Tag: Salary Cuts
Telangana government to continue implementing pay cuts for all government employees...
As the country is grappling with severe disruption in every sector, the impact is huge in states, such as Telangana, owing to excessive financial...
GCCI requests Gujarat government to permit 30%-50% salary cuts
On behalf of about 16 industry associations in Gujarat, the Regional Council of the Gujarat Chamber of Commerce and Industry (GCCI) has written to...
After Andhra Pradesh, Odisha and Rajasthan to defer salaries of govt...
A day after the Telangana government announced a pay cut for government employees, two other states have joined the list and announced the deferment...
JK Tyre & Industries’ leadership team takes 15-20% salary cut amid...
Tyres and tubes company, JK Tyre & Industries, on March 24 said its senior management has come forward to take a voluntary 15-20 per...
Coronavirus scare: GoAir suspends international operations, sends staff on leave without...
Low-cost airline, GoAir, is sending its employees on temporary rotational leave without pay, even as coronavirus cripples the travel and tourism business in India...
Jet Airways completes 25 years, offers 25% salary cut
The Airlines is in a financial crisis due to rising fuel costs, falling rupee and increased competition for market share.
Tech Mahindra’s top executives take salary cut due to company’s underperformance
Around 20 executives have written a letter to the CEO and chief people officer of the company, intimating their decision to take a pay cut ranging from 10 per cent to 20 per cent.
Snapdeal’s internal mail confirms layoffs, salary cuts
In a recent official mail to the entire staff, founders Kunal Bahl and Rohit Bansal admitted to the need to tighten the belt and in the process, let go of some people.