IndiGo reinstates pay cut for senior employees from May
MUMBAI: India’s biggest airline IndiGoNSE 3.81 %’s CEO Friday announced paycuts for May and leaves without pay for three months till July for a large chunk of its employees.
“While we had paid employee salaries in full for the months of March and April, I am afraid that we are left with no option but to implement the originally announced pay-cuts from the month of May 2020,” CEO Ronojoy Dutta told staff in a letter.
“In addition, given the gradual build-up of capacity, I am afraid we have to take the additional painful step of implementing a limited, graded leave without pay program for the monthse of May, June and July,” he added.
