Keep Your Jobs, But Leave The Money At The Door
There will be no AIG accusations at the Boston Globe this year. While the company deals with the downturn in revenue, they have agreed to cut bonuses for 200 managers and executives, reports the Boston Globe.
In addition, the paper will rescind the 10 unpaid vacation days, but will still cut salaries across the company by five percent. As most would say right now, this is bad, but at least there are no layoffs…yet.
While Globe owners, Time Co.
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