Sembcorp Marine CEO volunteers to take 50% pay cut

Sinagapore shipbuilding group Sembcorp Marine’s CEO Wong Weng Sun has volunteered to take a 50% pay cut as part of the group’s cost reduction measures. In the meantime, other members of the management team will be taking a 10-15% pay cut while employees earning above S$1,800 ($1,293) per month will also take a 5% pay …

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