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Having reported a net loss of €1.58bn for 2015, the carmaker still went on to pay its 120,000 staff bonuses of €3,950 per head – €474m in total – after pressure from its works committee and the metalworkers' union.

The German automaker has responded to demands from its works council by agreeing to stop the e-mail server to its BlackBerry-using employees a half-hour after their shift ends, only restoring it 30 minutes before work begins the next day.

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The company takes in revenue of more than $500,000 a year, the bulk of it from its work for Mattel.

By November, it is to prescribe the policies that have emerged from its work.What is it likely to conclude?

The firm, which commands the top spot on PC shipments with 21percentt of the shrinking market, said it had learned lessons from its work with Motorola.

It is cutting 11,500 people from its work force of 195,000.

ABC News, which is owned by the Walt Disney Company, announced it was trimming 125 jobs from its work force.

Facebook is taking a hint from its work with game developers, where it found that a tiny percentage of "whales" spend most of the money that games earn.

L. L. Bean said yesterday that it would cut about 300 jobs from its work force of 4,300.

Intel got the Nasdaq Composite's downward spiral to 1,900 started on March 8 after saying that its first-quarter sales will be down 25% from the fourth quarter and that it planned to slash 5,000 jobs from its work force.

But it also enjoys a busy career independent from its work at Lincoln Center.

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