Tag: Salary Cut
BYJU’S cuts new sales hires’ pay by 90%, linked to performance
According to the report published by inc42, a global ed-tech company, BYJU'S has reduced the fixed salaries of new Sales hires by 90%.
The fixed monthly...
Infosys CEO Salil Parekh’s salary drops by 21%: Report
According to a report of Business Today, Infosys CEO Salil Parekh's total salary has been reduced for the financial year 2022-23.
The report also suggested...
Wipro should relook at the strategy of salary cuts for freshers
Recently, An Indian multinational corporation, Wipro rolled out a revised offer letter for recruits awaiting onboarding at the company for over 12 months. The company...
Google CEO Sundar Pichai & Senior Executives to Take Pay Cut
An American multinational technology company, Google CEO Sundar Pichai & Senior Executives to Take Pay Cut as part of the company's cost-cutting measures.
Google...
Apple CEO to take a 40% pay cut
An American multinational technology company, Apple Chief Executive Officer (CEO) Tim Cook will take a 40% pay cut in 2023.
The pay cut was based on the...
Air India pilots union wants Chairman’s heed on working conditions
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...
Jet Airways Cuts Salaries, Sends Several Employees On Leave Without Pay
An Indian airline, Jet Airways has decided to send about 60 percent of its employees to leave without pay (LWP) from December 1 for...
COVID-19: GMR Group cuts employees’ salaries up to 50%
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...
Zomato to lay off 13% of the workforce
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...