Lion Air Group cuts salaries, bonuses but says no layoffs in sight


JAKARTA (The Jakarta Post/ANN): Lion Air Group has cut salaries and delayed Idul Fitri bonus (THR) payments to employees while giving an assurance that no job terminations are in the pipeline as the airline grapples with the impact of the Covid-19 pandemic.

The group said on Wednesday (May 20) that the salaries of its 29,000 employees had been cut since March and would remain so for “an indeterminate period” to minimise costs.

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Lion Air , pay cut , covid-19

   

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