Coronavirus has turned the life of millennials, a generation that spends more and saves less, topsy-turvy

The country imposed a nationwide lockdown on March 25 to contain the coronavirus pandemic that has been extended thrice to May 31.

While there will be no salary cuts for workers, the company has temporarily reduced compensation of executives across levels by 5-20%.

If the company is planning lay-offs, start circulating your resume and talking to people in the industry without discussing it with colleag...

The Pune-based union has claimed that Tech Mahindra’s decision to reduce compensation effective May violates a central government order not...

59.8% of the respondents who have upskilled during the lockdown are those with a work experience of 10-14 years. On the other hand, 41% of ...

Earlier, the company had proposed a 10% wage cut across the board to conserve cash after all business activities were halted due to the loc...

Besides Ambani, the board of directors, exec committee members and senior staff will also forgo 30-50% pay.

"As a fair measure to cater to the requirement of our employees during this complete lockdown situation, the company has devised a structur...

Sharma asked: “Should the process of the highest platform of India democracy, Parliament and House Committees be shut down in the name of l...

Eight employees' unions of Air India requested Hardeep Singh Puri to ask the airline to roll back its decision to cut 10% pay of its employ...

IndiGo was the first airline to announce salary cuts of up to 25% across its workforce.

Many other carriers have also announced leave without pay regime for their staff as flight services are suspended in the wake of the corona...

The airline had cut salaries by 50% by for its top leadership last month and then extended pay cuts to other employees barring those in the...

Two lawyers have replicated the SC's PIL concept to suo motu issue notice to three IT cos for sacking staff.

Bajaj Auto, TVS Motor have already resolved to cut salaries, Tata Motors may also do so shortly.

However, according to union sources, if the company resumes production from April 20 under the new guidelines by the Ministry of Home Affai...