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Curefit announces pay cuts, downsizes staff as its shuts operations in UAE and small town India

Shortpedia

Content Team

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%.