Hours after the Times Group announced salary cuts today, NDTV announced a salary cut of between 10 and 40 percent, based on income slabs, for all employees earning more than Rs 50,000 a month.
The salary cut is effective April 1 for a period of three months, "subject to detailed review at the end of the period". There will be no cuts for employees earning less than Rs 50,000 a month.
Hours after the Times Group announced salary cuts today, NDTV announced a salary cut of between 10 and 40 percent, based on income slabs, for all employees earning more than Rs 50,000 a month.
The salary cut is effective April 1 for a period of three months, "subject to detailed review at the end of the period". There will be no cuts for employees earning less than Rs 50,000 a month.