Rishad Premji, chairman of Wipro, receives a wage cut of 50%: Report


Yes, according to media reports, Wipro chairman Rishad Premji has taken a 50% pay cut as part of the company’s cost-saving measures due to the Covid-19 pandemic. In a statement, Wipro said that the company’s top bosses, including Premji, have “committed to either forgo or defer part of their remuneration” until December 2021.