https://techcrunch.com/2020/03/30/ixigo-cuts-salary-of-every-employee-over-coronavirus/

Ixigo, a 13-year-old travel and hotel booking service in India, said on Monday it is cutting the salary of its entire staff as the firm grapples with severe disruption in its business due to the coronavirus outbreak that has pushed New Delhi to issue a nationwide lockdown.

Aloke Bajpai, co-founder and chief executive of Ixigo, said the leadership at the firm has agreed to take a 60% pay cut while the rest of the staff, about 200 people, have agreed to have their salaries reduced between 20% to 50%. Bajpai and Rajnish Kumar, the other co-founder, have decided to forgo their entire salary until the business is back on track.