Indiabulls donates Rs 21 crore to PMCARES, then seeks resignation from 2000 employees

Rozana Spokesman

News, Nation

Indiabulls Group has asked about 2,000 of its employees to resign. Since then #IndiabullsResign has been trending on the social media.

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Mumbai: Indiabulls Group has asked about 2,000 of its employees to resign. Since then #IndiabullsResign has been trending on the social media.

One employee tweeted, "Even after knowing current epidemic, Indiabulls has asked more than 2,000 employees to resign without notice." First of all they cut our salary. How will people get a new job in these difficult days?

Another tweet states that Indiabulls is mentally disturbed. This is being done by the company without any proper notice, my financial situation is very bad. Many people are criticizing Indiabulls saying that Indiabulls can donate to PMCares but can’t pay salaries.

Antara Mukherjee tweeted, "Indiabulls contributed Rs 21 crore to PM Covid Fund and then deducted Covid Fund from one day's salary of employees." The company has slashed the salaries of companies by 20-40 per cent and is now asking them to resign.