paycuts


REPORT: Pay czar planning up to 90% compensation cuts for top auto execs

When General Motors and Chrysler took money from the U.S. government to prevent being consigned to history, the two storied domestic automakers had no choice but to put their fates in Uncle Sam's hands. After two very brief bankruptcies and billions in bailout cash, America's favorite bearded relative is looking to take its own pound of flesh. Automotive News is reporting that the Obama administration and the Treasury Department are planning to announce pay cuts of up to 90% for the top 25 earners at GM, Chrysler, GMAC and Chrysler ... Read more →

REPORT: GM employees pay cuts to be restored - but not for senior execs Autoblog Staff

2009 has been a rough year for General Motors' white collar workforce. The embattled workers have endured bankruptcy, job cuts and pay reductions, but today some good news came via email. The ...

As sales slump, Toyota cuts bonuses and vehicle production Michael Harley

Management bonuses will be slashed 10 percent at Toyota as a result of the global economic slowdown. About 5,000 managers will take cuts as the Japanese automaker reels from falling global sales that ...

REPORT: Pay czar planning up to 90% compensation cuts for top auto execs 2 months ago on Autoblog

When General Motors and Chrysler took money from the U.S. government to prevent being consigned to history, the two storied domestic automakers had no choice but to put their fates in Uncle Sam's hands. After two very brief bankruptcies and billions in bailout cash, America's favorite bearded ...

REPORT: GM employees pay cuts to be restored - but not for senior execs 3 months ago on Autoblog

2009 has been a rough year for General Motors' white collar workforce. The embattled workers have endured bankruptcy, job cuts and pay reductions, but today some good news came via email. The Detroit News is reporting that Human Resources Vice President Mary Barra sent out an official missive ...

As sales slump, Toyota cuts bonuses and vehicle production 1 year ago on Autoblog

Management bonuses will be slashed 10 percent at Toyota as a result of the global economic slowdown. About 5,000 managers will take cuts as the Japanese automaker reels from falling global sales that are hitting its local market hard. Toyota vehicle sales in Japan dropped 27 percent in November ...






Autoblog Podcast #158: 'Twas a couple nights before Christmas...

Chris, Editor Paukert, and Dan send the Podcast off for the Christmas holiday in proper fashion

 
 

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