Covid-19 impact: 50% pay cut at Bajaj Auto's Waluj plant in Aurangabad

Employees of Bajaj Auto’s Waluj plant in Aurangabad will see their salaries being cut by half during a nine-day lockdown starting later this week, according to people in the know. The local authorities have decided to lock down the city and the industrial area during July 10-18. The unit, which employs close to 8,000 including contract and permanent employees, accounts for half the company’s total production in India. It makes three-wheelers and select brands of motorcycles for the domestic and export markets.
 
“It (lockdown) will make no difference to the virus… neither to the companies as it can easily