Does anyone know what was the take up of voluntary salary reduction outside the US?
12 replies (most recent on top)
Note that not everybody has taken the full 12 weeks pay cut, there were options to take 4 weeks or 8 weeks too.
so 17% volunteered and 83% did not. I hope those that did get rewarded for their loyalty to the company
You get what you pay for Sabre.
- American employees
Our salaries are cut, but sabre paid dividends...
@szl+14i0foBh
If you were under the impression that there was a chance you would not get laid off from Sabre within the next six months. You probably calculated poorly.
If it was 17 percent that would be an amazing show of love and loyalty to the company.
Thank you team.
If 100% of KRK employees would agree to cut 15% for a quarter it would barely give 5 million USD. So c'mon there are still lots of cash missing. I would expect the Exec team to introduce more 'efficient' steps...
Yeah but us folks outside of US of A have been referred to as "low costs".
People who - like me - signed up for the pay cut should be rewarded if the company makes it through this.
with the strong USD, it'll only be lower..
whatever is the number multiply it by exchange rate
If 17% is correct, that's 2.55% cost saving @15% cut.
Clearly not enough!
The response rate was 17%