Tag: without pay
Virgin Orbit furloughs staff, grapples with financial crisis
Virgin Orbit has paused operations and sent almost its entire staff on unpaid furlough. A part of Richard Branson’s Virgin Group, the company helps...
Staff of Air Deccan put on a sabbatical without pay
Air Deccan, the regional commuter airline, has ceased operations. As per its announcement on April 5, 2020, it is putting its employees on sabbatical...
Work is less? Furlough the staff!
Businesses cannot produce same results consistently. They go through cycles of high to low profits, and vice versa. And as they cannot run in...