Technology and Internet
Salary cuts arrive at Indian startups amid the coronavirus slump
03 Apr 2020
Yet, they were committed to avoiding layoffs. “Startups are looking to cut costs and salaries but avoiding layoffs because hiring good performers is a challenge. So, leaders are discussing restructuring pay with their employees rather than firing them outright,” said Madhur Singhal, managing director at Praxis Global Alliance Mumbai.
Featured business unit: Praxis Global Alliance and PGA Labs
This article was originally published on Quartz India. Read more.
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