Sunday, March 22, 2020

GoAir announces 50% salary cut for top management

Just days after announcing suspension of its international operations, GoAir has joined IndiGo and Air India to cut salaries in order to tide over the Coronavirus pandemic.
Airline CEO Vinay Dube, in a message to its employees, said the top leadership  has voluntarily decided to take a 50 percent pay cut with immediate effect.
Dube, who mailed employees on March 21, said the measure is temporary.
Apart from reducing salaries and suspending international operations, the Wadia family-owned airline has also terminated contracts of its expat pilots, and put about one-third of its employees on leave without day.
22/03/20 moneycontrol.com
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