KM Financial Solutions | Kingspan to cut all pay by 40% for two months – letter
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Kingspan to cut all pay by 40% for two months – letter

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.

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