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Your View: Will salary cuts become a common thing?

Businesses the world over have been badly hit by the coronavirus pandemic and the resultant lockdown that has led to economic activity coming to a grinding halt.

In the wake of declining revenues, one of India’s largest conglomerates, the Mukesh Ambani-led Reliance Industries, too has decided to cut employee pay by 10% to 50%.

Do you think other companies follow suit and ask employees to take a pay-cut?

Tell us what you think in the Comments section below.