Fiat Chrysler will temporarily cut the pay of its white collar workers by 20 percent for the next three months.
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.
Learn how ADAS utilizes sensors such as radar, sonar, lidar and cameras to perceive the world around the vehicle, and either provide critical information to the driver or take...
The Autel IA700 is a state-of-the-art and versatile wheel alignment pre-check and ADAS calibration system engineered for both in-shop and mobile applications...
