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Exact(22)
Other staff face demotions and bonus cuts.
The Excalibur of bonus cuts was hinted at.This didn't work.
Taken together the two bonus cuts amount to just under £500,000.
Channel 4 have set out a new series diversity targets that must be met otherwise executives face bonus cuts.
Greece has already announced wage freezes, bonus cuts, tax crackdowns and pension reforms over the past month meant to save about $6.7 billion.
Merrill's bonus cuts have been the most severe so far on Wall Street, where several chief executives have received lighter paychecks.
Similar(38)
His chief financial officer, Doug Braunstein, also had his bonus cut in half.
The firm's executive committee agreed to take a 50percentt bonus cut in 2001 to reflect weaker earnings.
The most recent final bonus cut was in July, despite the fact that the stockmarket had surged since March.
The bonus cut has led to daily protests over the last week, with civil servants setting up temporary road blockades in Madrid and other cities.
In October, the chief executive of the Bear , Stearns Companies James E. Cayne, agreed to take a 50percentt bonus cut, along with the rest of his firm's executive committee.
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CEO of Professional Science Editing for Scientists @ prosciediting.com