3 posts and columns on pay cut

Oracle to CEO: I'd Buy That for a Dollar

in News on August 24, 2009 at 4:30 am PT

Oracle CEO Larry Ellison is taking a $999,999 pay cut. According to a company filing with the Securities and Exchange Commission, Ellison will receive a base salary of $1 for fiscal 2010, down from the $1 million he collected in fiscal 2009.
ellison

Oracle to CEO: I’d Buy That for a Dollar

in News on August 24, 2009 at 4:30 am PT

Oracle CEO Larry Ellison is taking a $999,999 pay cut. According to a company filing with the Securities and Exchange Commission, Ellison will receive a base salary of $1 for fiscal 2010, down from the $1 million he collected in fiscal 2009.
ellison

New York Times Strikes Deal With Boston Globe’s Holdout Union

in Media on May 6, 2009 at 4:00 am PT

The Boston Globe can keep printing. The New York Times Co., which owns the Globe, has reached an agreement with the Boston Newspaper Guild, the paper’s lone holdout union. A new deal involves pay cuts and “modifications to the lifetime job guarantee provisions,” but will allow the paper to stay afloat, for now.
boston-globe