Home Tags Pay Cuts

Tag: Pay Cuts

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

0
TATA-Group-owned, Air India pilots' union has alleged that working conditions are hostile at the airline and sought Tata group Chairman N Chandrasekaran's intervention to...

Unacademy Cuts Down ‘Unnecessary Expense’ To Focus On Profit

0
Edtech unicorn Unacademy has announced that it will be cutting down ‘Unnecessary Expenses’ so that the company can focus on profit. Founder and CEO Gaurav...

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

0
Qantas Airways is temporarily idling about 2,500 employees without pay for at least two months in a bid to cope with fresh COVID-19 restrictions...

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

1
Schindler reports lower revenue and profit for H1 2020; announces cost optimization program On Friday, 24 July, Swiss elevator and escalator maker Schindler announced 2,000...

MakeMyTrip restores salaries as business starts to revive

0
MakeMyTrip restores salaries as business starts to revive gradually MakeMyTrip, a leading online travel company, has started restoring salaries of employees with a revival...

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

0
Several board members of engineering and construction giant Larsen & Toubro took voluntarily steep pay cuts in their salary in FY20 due to the...

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

0
IndiGo, India's private airlines, has announced today to lay off 10% of its workforce due to COVID-19 pandemic, CEO Ronojoy Dutta said. "From where things...

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

0
The salary cuts at Tata Group, approximately 15-20 percent, only for senior roles, Vice President level and above Tata Sons and the group companies are...

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

0
GMR Group cuts employees' salaries by up to 50% due to Covid-19, The reduction in compensation is maximum at the highest level. Battling against COVID-19...

TVS Motor announces to cut staff salaries for six months

0
On 23 May 2020, Two-wheeler manufacturer TVS Motor Company has announced to cut the salaries of its employees starting this month, May 2020, as...