Curefit announces pay cuts, downsizes staff as its shuts operations in UAE and small town India
Image Credit: shortpedia
Health and fitness startup Curefit has announced cost cutting measures as offline-heavy businesses such as gyms and fitness centres have taken a huge hit during the current pandemic. Curefit has said that its founders will forego their salaries entirely, while the management team will take a 50% pay cut followed by the rest of the staff, depending on seniority will take a reduction of 20-30%.