Kingspan to cut all pay by 40% for two months – letter
Kingspan will cut
executive pay by 50% and implement a 40% cut for the rest of its
14,500 staff for two months due to unprecedented production and
demand disruption from coronavirus, according to a letter to
staff obtained by Reuters on Thursday.
executive pay by 50% and implement a 40% cut for the rest of its
14,500 staff for two months due to unprecedented production and
demand disruption from coronavirus, according to a letter to
staff obtained by Reuters on Thursday.
Posted by Reuters
