Thu, Feb 23, 2023
Taking up cudgels on behalf of affected employees, NITES expressed concern that Wipro's move could set a dangerous precedent for other companies "which could lead to exploitation of workers and a lack of job security".
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Wed, Aug 19, 2020
Financially-hit due to COVID-19 pandemic lockdown and its aftermath, the Delhi Metro Rail Corporation (DMRC) authorities have decided to reduce perks and allowances of its employees by as much as 50 per cent.
Tue, Jul 28, 2020
In a major development, IndiGo has confirmed that it is implementing 'deeper' pay cuts of up to 35 per cent for its senior employees in order to reduce its cash outflow amid COVID-19 pandemic.
Wed, Apr 29, 2020
Due to the financial strain owing to Covid 19 pandemic, many employers are sacking their staff while some are cutting a part of their salaries.
The state government employees of Karnataka can heave a sigh a relief as the Karnataka Finance department has issued orders saying that they would get salary for the month of April without any pay cut.
Fri, Jun 02, 2017
Speaking to a news channel on the ongoing layoffs into the IT industry, Infosys co-founder N R Narayana Murthy said that it was possible for all IT companies to protect the jobs of youngsters if their senior management executives take some salary cuts.
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