alexa
 
Home News VW plans to scrap bonuses for supervisory board members

Read more interesting news from around the globe with Indianmoney App

Google Play
 
VW plans to scrap bonuses for supervisory board members

VW plans to scrap bonuses for supervisory board members

Friday, March 10, 2017, 12:32 PM

Volkswagen plans to scrap bonus payments for members of its supervisory board, the latest sign of belt-tightening as the German carmaker grapples with the cost of its emissions scandal. Supervisory board members have agreed to accept only fixed salaries in future and scrap bonuses, citing a proposal by the 20-strong board that has yet to be approved by the annual shareholders.
Read More

Learn to Save, Spend, Invest & Borrow Wisely with our Youtube Channel

Get It now!