Snapdeal Co-Founders Kunal Bahl, Rohit Bansal Take 100% Salary Cut

New Delhi: Snapdeal co-founders Kunal Bahl and Rohit Bansal have taken a 100 per cent salary cut, while many others at the firm have "proactively" offered significant reduction in compensation. The SoftBank-backed firm, which has been struggling to raise fresh funding, is also laying off hundreds employees and eliminating non-core projects to focus on "profitable growth". In an e-mail to employees, Bahl conceded that over the last ...