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channelnewsasia.com - Pay cuts for SIA management, CEO
Just shows how tough times have been recently.All management staff in Singapore Airlines (SIA) will from July take a salary cut of at least 10 per cent, including its chief executive, who will take a 20 per cent cut.
Doesn't look like getting better anytime soon. Some may see the pay cuts as drastic measures but in the end having a job is better than looking for a job in the current economic climate....
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