Panasonic chiefs take 50% pay cut The president and chief executive of Japanese electronics giant Panasonic will have their salaries halved as part of a move to take the blame for the firm’s financial woes, the company said Wednesday.
President Kazuhiro Tsuga and Chairman Fumio Ohtsubo have been returning 40 percent of their pay since November as a voluntary measure, while other executives have also...
ankakh April 17, 2013 16:45