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Now, pay cuts at Ekta Kapoor's studio?
Updated On: 22 April, 2020 07:06 AM IST | Mumbai | Letty Mariam Abraham
Despite Ekta Kapoor forgoing salary for a year, sources say Balaji announces 20 to 50 per cent pay reduction for employees for three months.
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Ekta Kapoor
Almost a month into the lockdown, it has become increasingly difficult to keep the wheels of the economy turning, and several companies are resorting to pay cuts to stay afloat. Closer home in Bollywood, Ekta Kapoor, founder, Balaji Telefilms, had announced on April 3 that she was forgoing her annual salary of Rs 2.5 crore so that "my co-workers don't have to take a hit during this period of crisis."
Despite her best intentions, it has been heard that the studio — which has ALT Balaji and Balaji Motion Pictures as subsidiaries — is having to implement a three-month pay cut for its employees.
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