imported_River17
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Saia Inc. said Thursday it will take new cost-cutting measures to cope with the slow economy and reduced tonnage, including trimming its executives’ pay by 10% and its hourly, linehaul and salaried employees’ pay by 5%.
Saia, which also suspended its 401(k) matches for employees Feb. 1, said the cost-cutting measures would save it about $18 million annually.
Transport Topics Online | Trucking, Freight Transportation and Logistics News | Saia Sets New Pay Cuts
SAIA INC Files SEC form 8-K, Other Events
Summary of SAIA INC - Yahoo! Finance
:smilie_132:
Saia, which also suspended its 401(k) matches for employees Feb. 1, said the cost-cutting measures would save it about $18 million annually.
Transport Topics Online | Trucking, Freight Transportation and Logistics News | Saia Sets New Pay Cuts
SAIA INC Files SEC form 8-K, Other Events
Summary of SAIA INC - Yahoo! Finance
:smilie_132: