Sharp is already in full-on belt-tightening mode, and it’s not just cutting jobs to keep its staffing costs in line with shrinking finances. The sinking tech giant is doubling the size of executives’ salary cuts to 10 percent for a year-long period, all the while slashing planned 2013 bonuses to half of what they were in June. Sadly, everyday workers will have to take some of the same medicine. They’re facing similar bonus cuts and will have to take a 7 percent drop in salary for the same year. Between these steps and cuts to extras like travel allowances, Sharp hopes to save
Sprint Nextel’s $15.5 billion gamble on Apple’s iPhone will apparently lighten CEO Dan Hesse’s proverbial wallet by $3.25 million this year. That’s how much compensation Hesse agreed to give back to help placate investors unhappy about the high cost of the company’s iPhone deal. Securing the iPhone has already paid dividends for Sprint in terms of sales. The company sold 1.5 million iPhones in the first quarter while posting a net subscriber growth of 263,000. That didn’t stop Sprint from posting an $863 million net loss during the same period, however, causing some investors to grumble about the cost of subsidizing Apple’s phone. The subsidy Sprint pays for each iPhone is 40 percent higher — about $200 — than what the company pays for other competing devices. Don’t feel too bad for Hesse, though. Apparently, the financial gesture basically brings back his “compensation target opportunities” to 2010 levels.
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Jon Rubinstein’s new salary: $850,000 per year, Pre-tax originally appeared on Engadget on Fri, 12 Jun 2009 06:35:00 EST. Please see our terms for use of feeds.
If you are on a quest to learn how to repair LCD monitor or any other electronics like televisions, etc., you have a couple options on how to go about it. You could either take a classroom course or an online course.
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LCD Monitor Repair Training – Options For Those Who Want to Learn
PC World – Indian outsourcer Wipro has decided to assign to its business process outsourcing (BPO) operations some of the software engineers it had promised to hire from college campuses.
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Wipro Redeploys Some Engineering Staff to BPO