Times Group cuts salaries, again This is the second cut in a year and itâs been effected without an explanation. 24 Apr, 2021 Bennett, Coleman and Company Limited, or the Times Group, slashed its employeesâ salaries this week, the second such cut in a year. On Friday evening, the groupâs HR department emailed revised salaries to its employees across publications such as the Times of India and the Economic Times. Internal emails accessed by Newslaundry show that staffers were individually sent tables of âexistingâ and ârevisedâ pay, with cuts as steep as Rs 20,000 a month. The media house did not send out a common email on the cuts, nor did it provide any rationale for it.