41. Estrada said he was deeply concerned about the planned wage cuts. 42. Even before the Government announced a salary freeze and wage cuts, Johor Corp had effected them at the senior management level, beginning with Ali himself. 43. Fifteen other officers and enlisted men also will face wage cuts and other punishments, the ministry said. 44. In a meeting with labor leaders Friday, President-elect Kim Dae-jung said layoffs would be inevitable if companies cannot survive even with wage cuts and other measures. 45. In the public sector, one of the first measures announced was a wage cut or freeze for senior civil servants. 46. Last month, the new government announced wage cuts at three large state enterprises in an effort to slash government spending. 47. Marinho said the union wants the company to rehire the workers, and rely on a shorter work week or wage cuts to trim costs. 48. Other workers who kept their jobs were facing wage cuts or freezes. 49. Rising unemployment and wage cuts have prompted unions and politicians to lobby for unemployment benefits and stricter guidelines on laying off staff. 50. Prime Minister Goh Chok Tong said over the weekend that wage cuts, for instance, are inevitable. |