(Pooja Dubey, Intern Journalist) IndiGo has now announced a cut of 35 percent in the salaries of its senior employees. The company said on Monday that, “The move has been taken for cash management. Indigo has been cutting its senior personnel salaries by up to 25 percent since May.”
The company announced that “It was going to increase the deduction a bit more. In order to deal with the economic crisis facing the company due to the epidemic, it will cut its employees’ salaries by 10 percent.
IndiGo CEO Ronojoy Dutta told employees in an e-mail on Monday, “My own salary cut to 35 percent.” I am asking all our senior vice-presidents and above officers to take a 30 percent pay cut. The salary cut of all pilots has been increased to 28 percent. While there will be a 25 percent reduction in the salary of all the vice-presidents and 15 percent in the salary of the associate vice-presidents. This pay cut will come into effect from September 1.”
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