the truck manufacturer AB Volvo (publ), has received harsh criticism from both the political and the trade union sides, to enable the company to distribute almost 10 billion sek to the shareholders, and at the same time it is supported by the state in order to be able to retain their staff.
the members of the Volvo board of directors has decided to waive 20 per cent of their directors ' fees in 2020, according to the company's chairman of the board Carl-Henric Svanberg to the ROTOR.
Karl-Petter Thorwaldsson think it's great that AB Volvo's board of directors, now will come to their senses.
" I understand that they have a lot of pressure on dividends paid to its shareholders. However, in this situation we are in today, where many of the employees of the korttidspermitteras, and agreed to wage cuts, it is not possible to have a miljonregn of the shareholders and big bonuses to their management teams.
it is to hold back the payment of dividends and summon to the extraordinary general meeting of shareholders, after the crisis is over, if they are still ”överkapitaliserade”. This is especially the case now, on Wednesday, when the finance minister, Magdalena Andersson (S), has unveiled a major effort to save the company, " he says.
" It cannot be that we are privatising the profits and förstatligar loss. It's their company.
is Marie Johns, chair of the IF Metall. Photo credit: Jonas Lindkvist
Marie Nilsson thinks that it is a very good initiative.
" All of the money that may remain in the company as needed. It hadn't looked good on the board, picked out some great bonuses at the same time, as one of our members laid off.
at the same time, she feels that they are happy to lower the fees even more.
" In this extreme situation, all have to help each other. It's good symbolism, while others are allowed to make sacrifices to be made.
with 5,000 consultants from Volvo.
Volvo's board of directors cut their fees by 20 per cent.
the Vague response on the dividend and bonus from the tight AB Volvo (publ)<