Galveston city leaders say they hope the pay cut will prevent layoffs and further salary cutbacks.
Then came salary cutbacks, and now -- with increasing frequency -- layoffs, or as some employers are describing it, temporary unpaid holidays.
Unfortunately, layoffs and salary cutbacks are hurting that revenue, and Social Security has begun to pay out more in benefits than it takes in each year.
It also more evenly balances the salary cutbacks experienced in different offices of the IHT and The Times, which were shaped by varying laws, contracts and procedures across three continents.
But by early 1998, conditions there and at other well-run units worsened as the weakening chain imposed repeated salary freezes, staff cutbacks and other cost-cutting measures, said former executives, including Ms. Musikantow, the former head of the Chicago-area unit.
The former CEO of AMR 's American Airlines unit, Donald Carty Donald Carty, found himself in an untenable situation when it was revealed that the company's top executives had secured pensions and bonuses for themselves while the rank and file were being asked to save the company through salary and benefits cutbacks.
Aware of our acute budget problems, we, for the first time in the 26 years I've been here, recently had to institute staff cutbacks and salary reductions, including for me.
One reason CBS may be able to go after some of the more established names on its list is that in recent days, the network has been able to free up money because of the imminent end of Mr. Gumbel's contract, estimated at $6 million a year, and an undisclosed cutback in the salary for Mike Wallace, the "60 Minutes" correspondent.
"I would have expected some cutback in terms of salary or compensation," he said.
With every cutback, Ms. Couric's salary, the highest of the three evening anchors (Diane Sawyer makes a reported $12 million a year and Brian Williams $10 million), become a target of criticism.
A recent count put the number of full-time Walker campaign staff at around 90, and there have been no cutbacks in salaries as there were earlier this summer in former Florida governor Jeb Bush's operation.
