CEO Jane Sun and chairman James Liang have decided to cut their salary to $0 for the month of March 2020.

ProCase Accessories Bag Organizer, Universal Electronics Travel Gadgets Carrying Case Pouch for Charger USB Cables SD Memory Cards Earphone Flash Hard Drive –Black

The reason for cutting their salaries is to offset the lost the company losses from the coronavirus scare around the world. Upper management will also get their salary cut in half temporarily as well.

“Starting from this month, James and I will receive zero salary, and members of the senior management will take voluntary pay cuts, up to half of their salary” – Jane Sun Trip.Com CEO

I like that is doing salary cuts instead of straight-up layoffs. The company is slated to report its earnings on March 18, 2020.


Leave a Reply