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Q2 Report - news reports of proposed pay cuts of 10-15%

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Q2 Report - news reports of proposed pay cuts of 10-15%

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Old Aug 12, 2008, 11:00 pm
  #1  
fcl
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Join Date: Jan 2007
Location: Linköping, Sweden
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Posts: 91
Q2 Report - news reports of proposed pay cuts of 10-15%
According to Swedish business newspaper SAS will begin negotiations of pay cuts of 10-15% with the union following the board meeting tomorrow. The half year report is published tomorrow 08:00 CET.

http://di.se/Avdelningar/Artikel.asp...ectionid=Ettan
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Old Aug 13, 2008, 12:12 am
  #2  
AHO
 
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Originally Posted by fcl
According to Swedish business newspaper SAS will begin negotiations of pay cuts of 10-15% with the union following the board meeting tomorrow. The half year report is published tomorrow 08:00 CET.

http://di.se/Avdelningar/Artikel.asp...ectionid=Ettan
It had been better if SAS would begin to cut 10-15% of the union.
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Old Aug 13, 2008, 2:33 am
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Join Date: Dec 2003
Location: Lidköping, Sweden
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False info!?
Just got this in the mail..

"Information regarding rumors of salary reductions in SAS

In today's Danish newspaper Børsen there has been speculations about possible salary reductions to be proposed by the SAS management in connection with the second quarter release tomorrow.

This information is not correct. SAS management does not have any such plans and will not present such proposals tomorrow.

SAS has no further comments but refers to tomorrow's second quarter report to be released at 08:00 CET."



SAS Group Corporate Communications
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Old Aug 13, 2008, 2:54 am
  #4  
 
Join Date: Jan 2005
Location: Tampere
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Originally Posted by AHO
It had been better if SAS would begin to cut 10-15% of the union.
Now, now ... you don't want, and Tommy doesn't want, a flame war -- so let's not go there, OK?

cheers,

Henry
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