You Searched For "salary cut due to coronavirus" and got 20 results
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3 mins read
Top oil producers agree 'historic' cuts due to coronavirus crisis
"This is good," Canadian Natural Resources Minister Seamus O'Regan tweeted. "We welcome any news th…
PTI
3 mins read
In leaked letter, Hobby Lobby prepares to lay off employees and slash salaries to cut costs in states with mandated store closures due to the coronavirus
While Hobby Lobby stores have been required to temporarily shutter in states with strict policies r…
Bethany Biron
2 mins read
GVK Group announces salary cuts up to 30% from May amid coronavirus pandemic
In the last over two months, numerous companies from across sectors have resorted to layoffs, s…
PTI
1 min read
Some of the salary cuts that corporate execs took during the coronavirus pandemic are already being reversed
The CEO of Olive Garden's parent company cut his salary to $0 in April, but he's already back to re…
Taylor Borden
2 mins read
Maharashtra to cut salaries of all its MLAs by 30% for the entire year
Maharashtra Cabinet approved a proposal for 30% salary cut for all Members of the legislative assem…
2 mins read
From OYO to Upgrad to Zomato, employees get full salaries as startups begin reversing pay cuts
Five months into the coronavirus pandemic and having taken stock of how COVID-19 impacts their busi…
6 mins read
WPP executive committee and Board to take a 20% reduction in salaries for an initial period of 3 months in wake of Covid-19 outbreak
WPP expects its measures to generate total in-year savings for 2020 of £700 - 800 million
3 mins read
Indigo cuts employee salary by 25% after GoAir asks them to go on unpaid leave
This pay cut also applies to CEO Ronojoy Dutta due to ‘precipitous drop in revenues’. The de…
3 mins read
Location-based pay is the newest conflict between workers and employers, as remote Googlers face a 25% salary cut
Facebook, Google, and UK departments have all talked up potential pay cuts for remote workers.
Stephen Jones
3 mins read
A trucker with $67K of debt, an $80K salary and no grasp on his spending called Dave Ramsey for help
Travis, from Michigan, said he earned over $80,000 a year, but was struggling to pay off his debts …
Lindsay Dodgson
3 mins read
Ted Cruz, Trump, and other Republicans are pushing a payroll-tax cut that would do little for families suffering financially due to coronavirus
The move would not provide the economy with the adrenaline shot it needs to tide over people alread…
Joseph Zeballos-Roig
5 mins read
Healthcare workers with long COVID are having their careers cut short due to debilitating symptoms as the industry struggles with labor shortages
"Long haul COVID is not just a healthcare challenge, but a challenge for our society and our econom…
Hannah Towey
1 min read
IndiGo rolls back salary cut in April at government's request
"However, your Excom (Executive Committee) members and SVPs (senior vice presidents) have volunt…
PTI
1 min read
UP BJP lawmaker opts for salary cut, seeks use of development fund to fight coronavirus
The decision from Vijay Bahadur Pathak, a BJP MLC and party general secretary in the state, follow…
PTI
2 mins read
After GoAir and SpiceJet, IndiGo cuts salaries for employees — CEO says there was ‘no other option’
Airlines have been the worst-hit by the Coronavirus pandemic as both domestic and international tra…
1 min read
GM offers buyouts to most salaried employees, in a bleak warning for white-collar workers
GM hopes to cut to a swath of well-tenured jobs as part of a $2 billion savings effort. Employees h…
Nora Naughton
1 min read
CEOs who made a big show of cutting their salaries during the pandemic got extra equity that could make them even wealthier — and it shows how complicated executive compensation has become
The Financial Times found that the CEO of Dick's Sporting Goods said he'd forego his salary a day a…
Juliana Kaplan
2 mins read
MPs to take 30 pc cut in salaries, allowances to fund fight against coronavirus; ordinance promulgated
"Notwithstanding anything contained in the rule 2, a member shall be entitled to receive the consti…
PTI
2 mins read
IndiGo announces second round of deeper pay cuts after 10% of the employees were laid off
IndiGo announced the second round of deeper pay cuts for employees as pessimism around the travel i…
2 mins read
Coronavirus impact: GoAir offers leave without pay on rotational basis for staff; plans salary cut
"GoAir has also initiated a short-term and temporary rotational leave without pay program that wil…