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IT

EOH executives to take pay cuts of 25%

Wednesday 8 April 2020 | 09:30 CET | News
Top executives at South African IT services firm EOH are set to take salary cuts of up to 25 percent, as the company tries to stay afloat amid the Covid-19 lockdown. EOH CEO Stephen van Coller and the group's executive committee will cut their salaries by a quarter, and the group is also proposing a 20 percent reduction in salaries for staff earning more than ZAR 250,000 a year. The cut to staff salaries requires consultation. 

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Categories: IT
Companies: EOH
Countries: South Africa
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