Fiat Chrysler will temporarily cut the pay of its white collar workers by 20 percent for the next three months.
April 1, 2020
April 1, 2020—In an attempt to save money during the coronavirus crisis, Fiat Chrysler announced it will temporarily cut the pay of some workers by 20 percent, reported CNBC.
The pay cuts will begin Wednesday and affect white collar workers.
The automaker's CEO will take a 50 percent pay cut in salary, and members of the group executive council will take 30 percent salary cuts. Fiat Chrysler Chairman John Elkann and the rest of the automaker’s board also have unanimously agreed to forgo their remaining 2020 compensation, according to the report.
I-CAR's support of the National Auto Body Council reflects its dedication to serving communities nationwide through programs including NABC Recycled Rides and NABC Recycled Rides...
NACAT and AVTECC are developing a collaborative model to ensure that automotive educators keep pace with industry changes, actively lead them, and prepare students with the advanced...