IndiGo on Monday said it is implementing “deeper” pay cuts of up to 35 percent for its senior employees in order to reduce its cash outflow amid the coronavirus pandemic.
From May onwards, IndiGo had implemented pay cuts of up to 25 percent for its senior employees.
The “deeper” pay cuts came after the airline’s announcement on July 20 that it would lay off 10 percent of its workforce due to the economic crisis caused by the pandemic.
In an e-mail on Monday, IndiGo CEO Ronojoy Dutta told employees, “I will increase my personal pay cut percentage to 35 percent. I am asking all senior vice presidents and above to take a 30 percent pay cut, all pilots will see their pay cut percentages increased to 28 percent,
