{"id":9533,"date":"2020-03-31T10:19:56","date_gmt":"2020-03-31T04:49:56","guid":{"rendered":"https:\/\/www.tyremarket.com\/tyremantra\/?p=9533"},"modified":"2020-03-31T10:19:56","modified_gmt":"2020-03-31T04:49:56","slug":"jk-tyres-leadership-to-go-for-voluntary-pay-cut","status":"publish","type":"post","link":"https:\/\/www.tyremarket.com\/tyremantra\/jk-tyres-leadership-to-go-for-voluntary-pay-cut\/","title":{"rendered":"JK Tyre&#8217;s Leadership To Go For Voluntary Pay Cut"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">One of India\u2019s leading and reliable tyre makers, <a href=\"https:\/\/www.tyremarket.com\/JK-Car-Tyres\"><strong>JK Tyre<\/strong><\/a>, is also feeling the heat due to COVID-19 and its economic impact. The entire Tyre Industry is witnessing an unprecedented slow down and delays in the supply chain. According to industry experts, the situation may get even worse. Taking notice of the prevailing difficult situation, <\/span><b>Dr. Raghupati Singhania, Chairman &amp; Managing Director, JK Tyre &amp; Industries Ltd<\/b><span style=\"font-weight: 400;\">, has made an important announcement.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Dr. Singhania told that the company is facing sales and profitability problems due to Coronavirus with less demand and difficulty in running all the operations smoothly. However, he made it clear that the company is doing its best to ensure the safety and welfare of its employees and their families. He emphasised that together the TEAM JK TYRE will weather the storm and emerge as winners in these difficult times.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">He further said that in response to this critical situation, the management of JK Tyre has decided to go for a reduction in salaries. The Chairman and Whole-time Directors of the tyre maker have taken a voluntary cut in their salary of 25% and other senior management personnel have also taken a voluntary reduction in their salary by 15- 20%. He also made it clear that these pay cuts also apply to its global operations.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><b>About JK Tyre<\/b><span style=\"font-weight: 400;\">:<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The pioneers of Radial technology in India, JK Tyre has a diversified and multinational presence. The company has over 130 sales service and stock points throughout India. They also have an extensive network of over 3,500 dealerships across the country. <a href=\"https:\/\/www.tyremarket.com\/JK-Car-Tyres\"><strong>JK Tyre<\/strong><\/a> is a part of the multi-billion dollar J. K. Organisation.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>One of India\u2019s leading and reliable tyre makers, JK Tyre, is also feeling the heat due to COVID-19 and its economic impact. The entire Tyre&#8230;<\/p>\n","protected":false},"author":12,"featured_media":9543,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[4],"tags":[77,390,425],"class_list":["post-9533","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-jk-tyres","tag-tyre-industry-news","tag-tyre-makers"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\r\n<title>JK Tyre&#039;s Leadership To Go For Voluntary Pay Cut<\/title>\r\n<meta name=\"description\" content=\"JK Tyres&#039; leadership team takes pay cut amid coronavirus crisis in India. Dr. Singhania told that the company is facing sales and profitability problems.\" \/>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.tyremarket.com\/tyremantra\/jk-tyres-leadership-to-go-for-voluntary-pay-cut\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"JK Tyre&#039;s Leadership To Go For Voluntary Pay Cut\" \/>\r\n<meta property=\"og:description\" content=\"JK Tyres&#039; leadership team takes pay cut amid coronavirus crisis in India. Dr. Singhania told that the company is facing sales and profitability problems.\" \/>\r\n<meta property=\"og:url\" content=\"https:\/\/www.tyremarket.com\/tyremantra\/jk-tyres-leadership-to-go-for-voluntary-pay-cut\/\" \/>\r\n<meta property=\"og:site_name\" content=\"Tyremarket : Tyre News, Review &amp; Guide\" \/>\r\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/tyremarketindia\" \/>\r\n<meta property=\"article:published_time\" content=\"2020-03-31T04:49:56+00:00\" \/>\r\n<meta property=\"og:image\" content=\"https:\/\/www.tyremarket.com\/tyremantra\/wp-content\/uploads\/2020\/03\/jk-feature-image.gif\" \/>\r\n\t<meta property=\"og:image:width\" content=\"740\" \/>\r\n\t<meta property=\"og:image:height\" content=\"440\" \/>\r\n\t<meta property=\"og:image:type\" content=\"image\/gif\" \/>\r\n<meta name=\"author\" content=\"Neil Pandya\" \/>\r\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\r\n<meta name=\"twitter:creator\" content=\"@tyremarketindia\" \/>\r\n<meta name=\"twitter:site\" content=\"@tyremarketindia\" \/>\r\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Neil Pandya\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\r\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.tyremarket.com\\\/tyremantra\\\/jk-tyres-leadership-to-go-for-voluntary-pay-cut\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.tyremarket.com\\\/tyremantra\\\/jk-tyres-leadership-to-go-for-voluntary-pay-cut\\\/\"},\"author\":{\"name\":\"Neil Pandya\",\"@id\":\"https:\\\/\\\/www.tyremarket.com\\\/tyremantra\\\/#\\\/schema\\\/person\\\/efab24510766798312e3b8005c860ce6\"},\"headline\":\"JK Tyre&#8217;s Leadership To Go For Voluntary Pay Cut\",\"datePublished\":\"2020-03-31T04:49:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.tyremarket.com\\\/tyremantra\\\/jk-tyres-leadership-to-go-for-voluntary-pay-cut\\\/\"},\"wordCount\":282,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.tyremarket.com\\\/tyremantra\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.tyremarket.com\\\/tyremantra\\\/jk-tyres-leadership-to-go-for-voluntary-pay-cut\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.tyremarket.com\\\/tyremantra\\\/wp-content\\\/uploads\\\/2020\\\/03\\\/jk-feature-image.gif\",\"keywords\":[\"Jk tyres\",\"Tyre Industry News\",\"tyre makers\"],\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.tyremarket.com\\\/tyremantra\\\/jk-tyres-leadership-to-go-for-voluntary-pay-cut\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.tyremarket.com\\\/tyremantra\\\/jk-tyres-leadership-to-go-for-voluntary-pay-cut\\\/\",\"url\":\"https:\\\/\\\/www.tyremarket.com\\\/tyremantra\\\/jk-tyres-leadership-to-go-for-voluntary-pay-cut\\\/\",\"name\":\"JK Tyre's Leadership To Go For Voluntary Pay Cut\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.tyremarket.com\\\/tyremantra\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.tyremarket.com\\\/tyremantra\\\/jk-tyres-leadership-to-go-for-voluntary-pay-cut\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.tyremarket.com\\\/tyremantra\\\/jk-tyres-leadership-to-go-for-voluntary-pay-cut\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.tyremarket.com\\\/tyremantra\\\/wp-content\\\/uploads\\\/2020\\\/03\\\/jk-feature-image.gif\",\"datePublished\":\"2020-03-31T04:49:56+00:00\",\"description\":\"JK Tyres' leadership team takes pay cut amid coronavirus crisis in India. 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