Beauty products and content company ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/good-glamm-group” target=”_blank”>Good Glamm Group, which is grappling with a cash crunch and seeking to raise capital at a significantly marked-down valuation, has delayed employee salaries for the second consecutive month, people familiar with the matter told ET.
The company had earlier informed employees that their data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/tech/technology/good-glamm-defers-april-salaries-former-employees-await-final-settlements/articleshow/120898005.cms” data-type=”tilCustomLink” target=”_blank”>April pay would be disbursed along with the salary for May in June. However, as of June 3, salaries have not been credited, and there has been no communication so far from the management on the delay.
Additionally, full and final…
