News
2020-04-16
MISSISSAUGA, April 16, 2020 (GLOBE NEWSWIRE) -- SNC-Lavalin in its most recent filing announced that its six top executives would be receiving bonuses valued at $2.6 million while at the same time asking for salary cuts and laying off workers. The company tried to cushion the blow by announcing that senior executives would take a 20% salary reduction themselves but that would not include bonuses, incentives or stock options granted to them under the terms of their contracts.