Saab is again short of money to pay employees this month

Swedish Saab Automobile Co., Ltd. announced recently that due to the inaccurate receipt of part of the money, the company will not be able to pay nearly half of its staff's monthly salary. This is the second time that Saab Automobile Company has been unable to pay staff wages since June.

Saab Automobile Company explained that because the investor agreed to provide part of the funds that did not arrive on time, the company’s white-collar employees’ salary payment has been postponed.

Saybagon spokesman Eric Geers said that the wages could not be paid to affect 1,600 of Saab’s 3,640 employees, which accounted for about 45% of Saab’s total number of employees, but Gilles did not It was revealed when Saab would release the job and it was not clear Saab’s wage arrears.

Gilles said: "Investors have agreed to provide funding. The only problem now is the delay in cash flow. This is very unfortunate for those employees whose wages are not paid in a timely manner."

It is understood that a Chinese company had previously booked 582 Saab cars worth 13 million euros (equivalent to 18.4 million U.S. dollars) anonymously to Saab at the end of June, and paid this payment in advance. Saab Automobile Co. used this money to pay for it. Staff salary in June.

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