Monday, August 4, 2025

Tag: Pay Cuts

Air India pilots union wants Chairman’s heed on working conditions

Pay Cuts, Salary Cuts, Air India, TATA Group, N Chandrasekaran, Industry Sheenu Pradhan -
TATA-Group-owned, Air India pilots' union has alleged that working conditions are hostile at the airline and sought Tata group...

Unacademy Cuts Down ‘Unnecessary Expense’ To Focus On Profit

Pay Cut, Unnecessary Expense, Unacademy, Industry SightsIn Plus -
Edtech unicorn Unacademy has announced that it will be cutting down ‘Unnecessary Expenses’ so that the company can focus...

Qantas idles 2,500 more staff as COVID-19 cuts domestic flights

Industry SightsIn Plus -
Qantas Airways is temporarily idling about 2,500 employees without pay for at least two months in a bid to...

Schindler to cut 2,000 jobs as a cost optimization program

Schindler, Jobs Cut, Layoffs, Jobs SightsIn Plus -
Schindler reports lower revenue and profit for H1 2020; announces cost optimization program On Friday, 24 July, Swiss elevator and...

MakeMyTrip restores salaries as business starts to revive

MakeMyTrip, Restoration of Salaries, Salary, Pay, Jobs SightsIn Plus -
MakeMyTrip restores salaries as business starts to revive gradually MakeMyTrip, a leading online travel company, has started restoring salaries...

L&T board members take up to 53% pay cut in FY20

Pay Cuts, Salary Cuts, L&T, Coronavirus SightsIn Plus -
Several board members of engineering and construction giant Larsen & Toubro took voluntarily steep pay cuts in their salary...

IndiGo to lay off 10% of its workforce: CEO Ronojoy Dutta

Indigo, Layoffs, Jobs Cut, Coronavirus SightsIn Plus -
IndiGo, India's private airlines, has announced today to lay off 10% of its workforce due to COVID-19 pandemic, CEO...

Tata Group initiates salary cuts by 15-20%, Report

Salary Cuts, Tata Group, COVID-19, Coronavirus SightsIn Plus -
The salary cuts at Tata Group, approximately 15-20 percent, only for senior roles, Vice President level and above Tata Sons...

COVID-19: GMR Group cuts employees’ salaries up to 50%

GMR Group, Salary Cuts, Pay Cuts, Compensation, Coronavirus SightsIn Plus -
GMR Group cuts employees' salaries by up to 50% due to Covid-19, The reduction in compensation is maximum at...

TVS Motor announces to cut staff salaries for six months

TVS Motor, Salary Cuts, Pay Cuts, Coronavirus SightsIn Plus -
On 23 May 2020, Two-wheeler manufacturer TVS Motor Company has announced to cut the salaries of its employees starting...

Tata Group top execs to take up to 20% salary cut

Tata Group, Salary Cuts, Pay Cuts, Salary, Coronavirus SightsIn Plus -
Tata Group top execs to take up to 20% salary cut in an effort to conserve cash For the first...

TCS top management takes pay cut as COVID-19 impact

COVID-19 Pandemic, Pay Cuts, TCS, Salary, Coronavirus SightsIn Plus -
TCS top management takes pay cut in financial year 2020 to conserve cash amid Covid-19 Tata Consultancy Services (TCS) has...