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Covid-19: MakeMyTrip execs to draw zero salary, leadership to take 50% cut

The group is reviewing operating costs and plans to undertake multiple tough measures to keep overall expenses at a minimum

Coronavirus outbreak: India bans air travel from UK, Europe till March 31

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There has been sharp drop in bookings with spiralling cancellations and the latest restrictions on domestic air/ rail/bus travel has brought the industry to a virtual standstill

Press Trust of India New Delhi

3 min read Last Updated : Mar 25 2020 | 2:19 PM IST

Online travel firm MakeMyTrip's top executives Deep kalra and Rajesh Magow have decided to draw 'zero salary' from April 2020, while the rest of its leadership team will take a reduction of around 50 per cent in their compensation amid the Covid-19 outbreak.

Group Executive Chairman Deep Kalra and its Group CEO Rajesh Magow have decided to take 'zero salary' from April 2020 as the company plans to undertake multiple "tough measures" to keep overall expenses at a minimum amid the COVID-19 outbreak.

"On people costs front, both of us will take the lead and take zero salary effective April 2020, while

Topics : Coronavirus Deep Kalra founder and group chief executive MakeMyTrip MakeMyTrip