Covid 19 Salary Cuts
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''We Are Back To Square One"- Restaurants Express Worry Over Delhi's Weekend Curfew
While Delhi CM has confirmed that the curfew is only for this weekend, restaurants across the city are plagued by fear of another lockdown and their chances of staying in business.
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Vistara Announces 5-20% Pay Cut For 40% Employees Till December
Aviation sector has been hit hard by the pandemic and all airlines in India have resorted to cost-cutting measures like pay cuts to survive the crisis.
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BookMyShow Lays Off, Furloughs 270 Employees as Lockdown Shuts Out-of-Home Entertainment
BookMyShow is laying off or putting on furlough about 270 employees in India and globally. With theatres and stadiums completely shut since the lockdown, the ticketing company has had to take the difficult decision of downsizing.
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Uber Says Will Cut 3,700 Jobs, CEO Dara Khosrowshahi to Waive Base Salary
Uber Inc will cut about 3,700 full-time jobs and Chief Executive Officer Dara Khosrowshahi will forgo his base salary for the remainder of the year, the company said on Wednesday, as the COVID-19 pandemic decimates ride-hailing businesses.
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Lyft to Lay Off 982 Workers, Cut Salaries Due to Virus Outbreak
The job cuts are part of a restructuring plan to reduce expenses "in light of the ongoing economic challenges resulting from the COVID-19 pandemic and its impact on the company's business," Lyft said in a filing with the Securities and Exchange Commission.
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Meghalaya Defers Salaries Of Ministers, Government Staff Amid COVID-19 Crisis
The Meghalaya government has decided to defer a part of the salaries of cabinet ministers, bureaucrats, and some other sections of government employees as measure to cut its expenditure amid the Coronavirus crisis.
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Ask Air India To Roll Back 10% Pay Cut Decision: Employees To Minister
Eight employees' unions of Air India on Friday requested Civil Aviation Minister Hardeep Singh Puri to ask the airliner to roll back decision to cut 10 per cent salaries of its employees.
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Oyo Said to Cut Pay of All Employees in India
Softbank Group-backed Oyo Hotels and Homes has cut the salaries of all employees by 25 percent for four months starting April and also sent some of its people on leave with limited benefits, according to an internal memo seen by Reuters.
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Several Tech Startups Sack Employees Due to COVID-19 Lockdown Crisis, Experts Says Worst Is Yet to Come
Layoffs and salary cuts have happened in many tech companies like Oyo, Meesho, Vogo, Koovs, Shuttl, TripActions, Holidayme, Hopscotch, Cleartrip, RentoMojo, Fareportal, Capillary, TravelTriangle, Quikr, Droom, UpGrad, Instamojo, Drivezy, GoIbibo, Ninjacart, Curefit, HealthifyMe, and Treebo.
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30% Salary Cut For Assam Chief Minister, Ministers, MLAs In COVID-19 Fight
The Assam Government has decided to deduct 30 per cent salary of the Chief Minister, Cabinet Ministers and MLAs for a period of one year to contribute towards the Covid-19 relief fund in the state.
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SpiceJet To Cut March Salary As Coronavirus Lockdown Hits Travel Demand
Earlier this month, IndiGo said in an internal memo that it would cut the salaries of most employees by between 5 per cent and 20 per cent.
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Coronavirus: Zomato CEO Says Hundreds of Employees Take Deep Salary Cuts as Business Hit
Zomato CEO Deepinder Goyal on Wednesday announced that several employees have taken deep voluntary salary cuts as the business has been hit owing to the COVID-19 lockdown.
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''We Are Back To Square One"- Restaurants Express Worry Over Delhi's Weekend Curfew
While Delhi CM has confirmed that the curfew is only for this weekend, restaurants across the city are plagued by fear of another lockdown and their chances of staying in business.
-
Vistara Announces 5-20% Pay Cut For 40% Employees Till December
Aviation sector has been hit hard by the pandemic and all airlines in India have resorted to cost-cutting measures like pay cuts to survive the crisis.
-
BookMyShow Lays Off, Furloughs 270 Employees as Lockdown Shuts Out-of-Home Entertainment
BookMyShow is laying off or putting on furlough about 270 employees in India and globally. With theatres and stadiums completely shut since the lockdown, the ticketing company has had to take the difficult decision of downsizing.
-
Uber Says Will Cut 3,700 Jobs, CEO Dara Khosrowshahi to Waive Base Salary
Uber Inc will cut about 3,700 full-time jobs and Chief Executive Officer Dara Khosrowshahi will forgo his base salary for the remainder of the year, the company said on Wednesday, as the COVID-19 pandemic decimates ride-hailing businesses.
-
Lyft to Lay Off 982 Workers, Cut Salaries Due to Virus Outbreak
The job cuts are part of a restructuring plan to reduce expenses "in light of the ongoing economic challenges resulting from the COVID-19 pandemic and its impact on the company's business," Lyft said in a filing with the Securities and Exchange Commission.
-
Meghalaya Defers Salaries Of Ministers, Government Staff Amid COVID-19 Crisis
The Meghalaya government has decided to defer a part of the salaries of cabinet ministers, bureaucrats, and some other sections of government employees as measure to cut its expenditure amid the Coronavirus crisis.
-
Ask Air India To Roll Back 10% Pay Cut Decision: Employees To Minister
Eight employees' unions of Air India on Friday requested Civil Aviation Minister Hardeep Singh Puri to ask the airliner to roll back decision to cut 10 per cent salaries of its employees.
-
Oyo Said to Cut Pay of All Employees in India
Softbank Group-backed Oyo Hotels and Homes has cut the salaries of all employees by 25 percent for four months starting April and also sent some of its people on leave with limited benefits, according to an internal memo seen by Reuters.
-
Several Tech Startups Sack Employees Due to COVID-19 Lockdown Crisis, Experts Says Worst Is Yet to Come
Layoffs and salary cuts have happened in many tech companies like Oyo, Meesho, Vogo, Koovs, Shuttl, TripActions, Holidayme, Hopscotch, Cleartrip, RentoMojo, Fareportal, Capillary, TravelTriangle, Quikr, Droom, UpGrad, Instamojo, Drivezy, GoIbibo, Ninjacart, Curefit, HealthifyMe, and Treebo.
-
30% Salary Cut For Assam Chief Minister, Ministers, MLAs In COVID-19 Fight
The Assam Government has decided to deduct 30 per cent salary of the Chief Minister, Cabinet Ministers and MLAs for a period of one year to contribute towards the Covid-19 relief fund in the state.
-
SpiceJet To Cut March Salary As Coronavirus Lockdown Hits Travel Demand
Earlier this month, IndiGo said in an internal memo that it would cut the salaries of most employees by between 5 per cent and 20 per cent.
-
Coronavirus: Zomato CEO Says Hundreds of Employees Take Deep Salary Cuts as Business Hit
Zomato CEO Deepinder Goyal on Wednesday announced that several employees have taken deep voluntary salary cuts as the business has been hit owing to the COVID-19 lockdown.
