Unacademy CEO announces no salary hikes while wearing $400 t-shirt

During a virtual town hall, Unacademy CEO Gaurav Munjal announced that employees would not receive appraisals this year due to unmet growth targets. While delivering the news, he wore a $400 Burberry T-shirt, sparking social media backlash. Users criticised the CEO for maintaining his luxury lifestyle while cutting employee benefits.