The nationwide lockdown has severely impacted all segments of the economic system, and extra so for the cinema exhibition business as theaters shuttered throughout the nation. Cinema being an out of house leisure possibility, the movie business has been considerably impacted and can take the longest time to get better.
The management group of UFO acknowledges the present disaster and its challenges and are decided to make sure that each worker all the way down to the frontline/lowest stage is protected and doesn’t lose his/her livelihood.
Contemplating the above & as a part of its long-term enterprise continuity plan and for the bodily and psychological wellbeing of workers, UFO Moviez, India’s largest cine media community, has determined to forego 100% salaries at MD, JMD stage. Aside from this, the whole Management group at UFO has taken wage cuts going as much as 50-60 % wage in order that every member of its group is taken care of and can proceed to do no matter it takes to make sure the wellbeing of its group and the society at massive.
UFO firmly believes that the Present Should Go On, Come What Could.
Concurrently, the corporate is creating long-term survival methods to insulate the corporate from such unexpected occasions sooner or later. UFO workers have been inspired to provide their concepts and solutions on price optimization, figuring out newer income streams by using its present strengths and infrastructure.