But the company on Monday offered a bleaker outlook amid the outbreak, and said it has decided to effect further cuts in executive pay and to reduce directors’ remuneration.
SINGAPORE (Mar 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.
