Sentence examples for slashed workers from inspiring English sources

As part of their bankruptcy arrangements, Vallejo, an old port town near San Francisco, and Stockton, in the Central Valley, slashed workers' pay and stiffed bondholders but made good on their CalPERS payments.

With retirement accounts on the rebound, many veteran workers are finding little reason to remain in government, especially at a time when agency budgets are being slashed, workers are being furloughed and morale is tumbling.

But GM was bailed out by taxpayers and then went on to slash workers' wages while padding CEO salaries.

While publicly-traded firms slash workers in a downturn, for example, an employee-owned company might choose to cut hours or pay for everyone to avoid layoffs.

He called for new safeguards "to stop companies cutting costs by slashing workers' wages and transforming a race-to-the-bottom culture into a rate-for-the-job society".

However, when alternative investment managers take control of a state pension and recklessly dump pension assets into high-cost, high-risk alternative investments, while they slash workers' benefits, that's no reform.

Corporate executives, the 1 percenters, slash workers' wages, then give themselves big bonuses.

Indeed, even though companies are slashing workers and benefits, CEOs seem to think there's money to burn.

But critics, including many retail and fast-food businesses, warned the move would backfire by spurring employers to slash workers' hours or take other steps in response.

With yet another late budget this year, Schwarzenegger is again trying to slash workers' pay to the federal minimum of $7.25 an hour.

The memo from Department of Personnel Director Debbie Endsley to state department heads said that "absent a state budget," the governor would seek to slash workers' pay to minimum wage until the impasse is over.