ReferIndia News Indian startup suffers ₹2 crore loss, asks employees to take 20-30% pay cut for 2 months

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Indian startup suffers ₹2 crore loss, asks employees to take 20-30% pay cut for 2 months

Published on: June 2, 2026, 2:42 p.m. | Source: Livemint

The matter came to light through a Reddit post in which the employee sought advice on whether to accept the proposal, negotiate for a stronger stake in the company, or begin looking for opportunities elsewhere.

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