On Saturday in an inner official electronic mail, the corporate’s CEO had introduced that management groups of the corporate might be taking on a pay minimize of 50 per cent in mild of the brand new restrictions.
- Last Updated: March 25, 2020, 12:58 PM IST
- Edited by: Anirudh SK
As airways undergo from one of many worst losses because of journey restrictions triggered by the worldwide outbreak of COVID-19, a number of of them are pressured to chop the salaries of their staff. The most up-to-date provider to do the identical is GoAir after CEO Vinay Dube formally acknowledged that the corporate was left with no different alternative as a result of journey restrictions.
On Saturday in an inner official electronic mail, the corporate’s CEO had introduced that management groups of the corporate might be taking on a pay minimize of 50 per cent in mild of the brand new restrictions. As revenues have fallen drastically amid the coronavirus pandemic, the airline has already laid off its expat pilots and introduced go away with out pay for its staff.
“The top leadership has stepped forward and volunteered to go for 50 per cent pay cut with immediate effect,” the CEO mentioned in his e-mail. These measures are short-term and are pure with the intention to efficiently fight the deep challenges that COVID-19 has created for the aviation business together with GoAir, he added.
“The Maharashtra Government has announced a complete lockdown of the workplace for safety and security of the people and to contain the outbreak as a result of which we have also urged our employees (working out of different office across Maharashtra, except those directly involved in Operations) to work from home and support the business-critical requirements and our operations team,” the CEO had acknowledged.
This post was last modified on March 25, 2020 1:43 pm