Furthermore, Sabre has decided to … Our innovative technology is used by more than a billion people around the world to plan, book and get to their … Sabre is a global technology company. Sabre Corporation SABR announces pay cuts, as well as suspended dividend and share repurchases in an effort to preserve cash and maintain ample liquidity amid a possible financial crisis due to the coronavirus outbreak. Sabre to cut $200 mln in costs by temporarily cutting pay, suspending dividend and halting buybacks Published: March 20, 2020 at 8:09 a.m. The cuts range from offering voluntary unpaid leave, severance and early retirement to staff across the world to … The company noted that the pay cut is a temporary measure undertaken to combat the crippling impact of coronavirus on its finances. Travel tech provider Sabre has announced a large swathe of measures to mitigate the financial impact of the coronavirus outbreak.. Furthermore, Sabre has decided to … The company noted that the pay cut is a temporary measure undertaken to combat the crippling impact of coronavirus on its finances. The Investor Relations website contains information about Sabre Corporation - IR Site's business for stockholders, potential investors, and financial analysts. Sabre also noted that the pay cut is a temporary measure to combat the crippling impact of the coronavirus crisis on its finances. ET Per the company, the preemptive measures would help it save more than $200 million in costs. As part of the reductions, Sabre has already taken a few actions, including a temporary pay reduction for the U.S.-based salaried workers and a 25% pay cut for the CEO. Sabre (SABR) announces multiple preemptive measures, including pay cuts, and suspension of dividend and share-buyback programs, to preserve cash and improve liquidity. Furthermore, Sabre had decided to temporarily suspend its 401(K) program for U.S. employees. 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