SATS announces further pay cuts, warns Covid-19 expected to 'substantially' impact earnings
SINGAPORE (March 9): Airline gateway services and food solutions provider SATS is slapping on more pay cuts amid the spread of the novel coronavirus (Covid-19).
On Feb 19, SATS had already unveiled a series of cost reduction measures, including a 10% reduction in pay for the senior management team.
……Read full article on The Edge Markets - World
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