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

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Tata Group top execs to take up to 20% salary cut in an effort to conserve cash For the first time in the Tata Group’s...

TCS top management takes pay cut as COVID-19 impact

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TCS top management takes pay cut in financial year 2020 to conserve cash amid Covid-19 Tata Consultancy Services (TCS) has said in an annual report,...

Zomato to lay off 13% of the workforce

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Zomato to lay off 13% of the workforce and temporary pay cut of up to 50% for remaining employees Indian online food delivery platform Zomato...

Pune Labour Office has issued notice to Tech Mahindra

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Tech Mahindra gets labour department notice over alleged complaints of salary cuts Pune's Labour Office has issued a notice to Tech Mahindra Ltd. on a...

GoAir defers and part-pay salaries to a majority of its staff

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GoAir on Monday said it will defer and part-pay salaries to a majority of its staff because of revenue constraints due to the lockdown...

Bajaj Auto reverses pay cut decision

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Bajaj Auto on Sunday said in an internal letter to its employees that it will not implement its proposed decision to observe a pay-cut...

Labour Ministry to collect data on layoffs, pay cuts, report to...

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EPFO and ESIC have been advised to collate the data on job losses and wage cuts. As soon as information is collated a report...

The Role of HR in Economic Downturn

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See-saw sacred own…the downturn certainly doesn’t stay down! As I jogged in the park, my eyes fell on three kids who were playing on the...