After flip-flops, IndiGo clarifies pay cut for senior employees will be for entire 2020-21
After announcing on Friday that it was reinstating pay cuts of up to 25 per cent for its senior employees, IndiGoNSE 3.98 % airlines said it would take a decision on restoring original salary “closer to the end of this financial year”.
The country’s largest domestic airlines had on Friday announced pay cut ranging between 5 and 25 per cent, in addition to its leave-without-pay programme for May, June and July, for senior employees.
The announcement, made through internal emails, came after a series of flip-flops on the matter as India’s largest domestic airline struggled to stay afloat amid grounding of all commercial passenger flights due to the coronavirus-triggered lockdown.
