Latest in Pay Cut
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Nomura profits surge as chief takes pay cut over trading scandal
Japan’s biggest investment bank and brokerage beats expectations but is still dogged by controversyBusiness - Financial Times - November 1 -
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Nissan cuts 9,000 jobs and halves CEO’s pay as it sinks to a loss
Carmaker to slash global production capacity by a fifth in emergency turnaround planWorld - Financial Times - November 7 -
Nissan Cuts 9,000 Jobs and Slashes C.E.O.’s Pay in Half
The Japanese automaker is carving deep cuts in its global operations as it struggles with a steep drop in sales.Business - The New York Times - November 7 -
How Trump and Republicans could pay for new tax cuts
President-elect Trump and Republican lawmakers are gearing up to push a massive tax-cut bill through Congress next year but will face pressure to find ways to cover the costs. While Trump and many ...Politics - The Hill - 5 days ago -
Volkswagen targets layoffs and 10% pay cuts amid plans for German plant closures, union says
Volkswagen is considering wide spread pay cuts and layoffs as well as closures or size reductions of its plants in Germany, the company's works council said Monday.Business - CNBC - October 28 -
Trump plan to 'end all taxes' on overtime pay would benefit millions of Americans, but it's going to be uphill battle
President-elect Trump has many tax cut plans and a promise to 'end all taxes on overtime', but in Congress, it's likely something has to give, and someone lose.Business - CNBC - November 15 -
Musk’s gamble on Trump pays off
Billionaire chief of Tesla and X looks set to take up influential adviser role in White HouseWorld - Financial Times - November 6 -
Citi revamps pay for wealth bankers
More bonuses will go to those who move client assets into investments, and less to those who sell new loansBusiness - Financial Times - November 7 -
Will rich countries pay for climate change?
At COP29 the world’s nations will try and negotiate a new spending commitment on climate change.Top stories - BBC News - November 10 -
What’s behind the lesbian pay premium?
After decades of earning more than heterosexual women, the gap seems to be shrinkingBusiness - Financial Times - 2 days ago -
OPEC extends oil output cuts
The OPEC bloc of oil-producing nations announced Monday that it will extend oil production cuts through the end of 2024, spurring a 2 percent increase in the price of U.S. benchmark West Texas ...Politics - The Hill - November 4 -
Associated Press to Cut Staff by 8%
The reductions come just two weeks after Election Day, when The A.P. played a key role in calling races across the United States.Business - The New York Times - 5 days ago -
Ford to cut 4,000 jobs in Europe
Headcount reduction comes as industry faces pressure over EV switch and competition from ChinaBusiness - Financial Times - 3 days ago -
Crocs doubled down on ugly. It is paying off
Maker of foam clogs has gone from laughing stock to good stock — and the shares do not look expensiveWorld - Financial Times - October 26 -
From intern to CEO: does it pay to be a company lifer?
Executives who spend their career at one place can boost morale and loyalty but risk stifling innovationBusiness - Financial Times - October 28 -
Amorim confirms Man Utd interest, no decision yet
Sporting CP coach Rúben Amorim has acknowledged Manchester United's interest in making him the Premier League club's new manager but insisted he had not yet decided whether to make the move to Old ...Sports - ESPN - October 30 -
College Football Is Big Business. Athletes Are Paying the Price.
Players are dealing with far-flung travel, jet lag and the pressures of trying to balance the roles of student, athlete and entrepreneur more than ever before.Top stories - The New York Times - October 30 -
Working people will pay the price of higher taxes for employers
Increasing the burden on companies may not affect workers’ payslips today, but it won’t be longWorld - Financial Times - October 30 -
Police officers to 'withdraw goodwill' in protest at pay offer
The Scottish Police Federation said that the move would take effect from 1 November at 17:00.Top stories - BBC News - October 30 -
Workers warned Budget tax rises will hit their wages
Economists say tax rises in the Budget will mean employers have less to give as pay rises.Top stories - BBC News - October 31 -
Trump Is Courting Apolitical Young Men. Will It Pay Off?
Gen Z men are increasingly turning away from the Democratic Party, swayed by the former president’s bravado and irreverence. But they also do not usually vote in high numbers.Top stories - The New York Times - November 1 -
How top lawyers earn their bragging rights on pay
Arrival of US firms has pushed up top UK law firms’ charge-out rates by almost 40% in five yearsBusiness - Financial Times - November 3 -
Warning millions will struggle to pay water bill rises
A proposed average rise of 21% over five years will cause 'intolerable strain', a consumer group warns.Top stories - BBC News - November 6 -
The Crypto Industry’s Spending on the Election Pays Off
The spending spree fueled a string of victories on Tuesday for congressional candidates who had expressed support for cryptocurrencies.Business - The New York Times - November 8 -
Arena attack conspiracist ordered to pay £45k
Richard Hall claimed the Manchester Arena attack, which killed 22 people, was fake.Top stories - BBC News - November 8 -
Democrats pay the price for ignoring working Americans
To safeguard our political and governing institutions against Trump and lesser demagogues, we’re going to need a bigger, stronger Democratic Party that once again provides a welcoming port in the ...Politics - The Hill - November 8 -
Fund manager Terry Smith’s pay falls to £28mn
Stockpicker’s investment firm Fundsmith weighed down by his decision to shun chipmaker NvidiaBusiness - Financial Times - November 11 -
Parsons: McCarthy options 'above my pay grade'
Micah Parsons said any decision about coach Mike McCarthy's future is "above my pay grade" and that he feels bad for Cowboys veterans "who put in more time ... than [McCarthy] ever did."Sports - ESPN - November 11 -
Unemployment rises as pay growth slows again
The rate of unemployment stood at 4.3% in the three months to September, up from 4% the previous quarter.Top stories - BBC News - November 12 -
Renovating During the Pandemic: Patience Pays Off
A family needed more space but decided not to leave New York City. They bought a fixer-upper in Brooklyn and slowly went to work.Lifestyle - The New York Times - November 12 -
Nonprofits Vow a New Resistance. Will Donors Pay Up?
Groups that used lawsuits and protests to stymie the first Trump administration will face longer odds this time. The courts are more conservative, and patrons are dejected.Top stories - The New York Times - November 13