Fiat Chrysler Automobiles (FCA) will temporarily cut pay for salaried workers by 20 per cent for the next three months amid the novel coronavirus pandemic. The move is meant to help the OEM save money “to weather” the COVID-19 situation, according to CNBC. The pay cuts will begin Wednesday. “(CEO Mike) Manley also will take a 50 per cent cut in his salary and members of the (GEC), the company’s highest executive decision-making body, will all take 30 per cent salary cuts.” (Source: CNBC) Read the original story…
