As funding winter sets in, top rung at new-age companies faces pay freeze

Several startups and ecommerce companies are likely to freeze salaries for the senior management during appraisals, as they step up cost-cutting measures to survive a deteriorating funding environment

“The ecosystem is not making money; it’s a logical move. Companies will have to figure out how to manage costs; job cuts alone are not enough to control the burn rate,” said Anshuman Das, managing partner, Longhouse Consulting.

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