AUO 16 executives will pay a 15% pay cut from November

September 08, 2019

[High-tech LED News] AUO spokesperson said that the company's operating environment is not ideal, 16 senior executives proposed to cut personal wages, starting from November, a 15% pay cut. AU Optronics said that the salary cut will not affect other employees, and the company has no layoffs.

AUO has suffered losses for three consecutive quarters this year. In addition, AUO lowered its capital expenditure target last month. This is the second time AUO has lowered its capital expenditure target this year.

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