Brief: Phillips Carbon Black Says Employees Have Taken Voluntary Salary Reductions

PCBL Chemical

27/05/2020 14:33

May 27 (Reuters) - Phillips Carbon Black Ltd  PHIL.NS :
    * TEAM PCBL HAS TAKEN A VOLUNTARY STEP FORWARD FOR A
REDUCTION IN
SALARIES
    * SENIOR LEADERSHIP TEAM OF PCBL HAVE TAKEN VOLUNTARY CUT IN
THEIR
SALARY OF 25%
    * MIDDLE MANAGEMENT PERSONNEL HAVE TAKEN VOLUNTARY REDUCTION
IN
SALARY IN RANGE OF 15% TO 20%.

Source text for Eikon:  ID:nBSEbPbzQs 
Further company coverage:  PHIL.NS 

 ((Reuters.Briefs@thomsonreuters.com;))