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Apple CEO Tim Cook to take over 40 pct pay cut this year

Apple CEO Tim Cook to take over 40 pct pay cut this year

Technology giant Apple is cutting chief executive Tim Cook's compensation by more than 40 pct, citing investor guidance and a request from Cook himself to adjust his pay.
Fri Jan 13 2023
Ministers agree to take 20 per cent pay cut - PM Anwar

Ministers agree to take 20 per cent pay cut - PM Anwar

The new Cabinet has agreed to cut the monthly salary of ministers by 20 per cent, said Prime Minister Datuk Seri Anwar Ibrahim.
Mon Dec 05 2022
Nurses in Britain to strike, nursing college says

Nurses in Britain to strike, nursing college says

The RCN said its members have faced a decade of real-terms pay cuts and that the ballot over the last four weeks was the biggest in history.
Sun Nov 06 2022
No such thing as work from home pay cuts - Minister

No such thing as work from home pay cuts - Minister

The national wage policy does not allow cuts in salary or allowances for employees working from home (WFH), said Human Resources Minister Datuk Seri M Saravanan.
Thu Apr 28 2022
Pay cut: Google employees who work from home could lose money

Pay cut: Google employees who work from home could lose money

Google employees based in the same office before the pandemic could see different changes in pay if they switch to WFH permanently.
Tue Aug 10 2021
Workers from home beware - pay cuts might be the price of freedom

Workers from home beware - pay cuts might be the price of freedom

Employees who move to cheaper locations to work permanently from home are also likely to have more limited career prospects.
Thu Feb 18 2021
Goldman Sachs CEO Solomon pays price of 1MDB scandal

Goldman Sachs CEO Solomon pays price of 1MDB scandal

Solomon will get a $10 million pay cut for the banks involvement in the 1MDB scandal. Goldman Sachs called its involvement in the scandal an "institutional failure".
Wed Jan 27 2021
In case you missed the Dewan Rakyat proceedings today, here's five things you need to know

In case you missed the Dewan Rakyat proceedings today, here's five things you need to know

Among the highlight at Dewan Rakyat today is Tun M's proposal for a pay cut for lawmakers.
Thu Nov 12 2020
Budget 2021: Ministers will not starve just by 30 per cent pay cut - Tun Mahathir

Budget 2021: Ministers will not starve just by 30 per cent pay cut - Tun Mahathir

Tun M said there were expenses that could be temporarily delayed, or used for COVID-19, in an effort to address the economic downturn.
Thu Nov 12 2020
Cathay Pacific's permanent pilot pay cuts 'draconian' and 'short-sighted' - union

Cathay Pacific's permanent pilot pay cuts 'draconian' and 'short-sighted' - union

The carrier on Wednesday announced plans to cut 5,900 jobs to help it weather the pandemic, including nearly all of the positions at its regional airline Cathay Dragon, which it has shut down.
Fri Oct 23 2020
No retrenchment or reduction in employees in Petronas - Group CEO

No retrenchment or reduction in employees in Petronas - Group CEO

However, it is mulling a pay cut in light of the continued challenging market conditions for the industry, its president and group chief executive officer Tengku Muhammad Taufik Tengku Aziz said.
Fri Sep 04 2020
MTUC urges govt, Bank Negara to extend moratorium by 6 more months

MTUC urges govt, Bank Negara to extend moratorium by 6 more months

800,000 workers who lost their jobs until April this year and thousands more who were forced to take deep pay cuts or go on unpaid leave by their employers.
Sat Jul 04 2020
Hotel closure: What will happen to the workers?

Hotel closure: What will happen to the workers?

Hotel workers are the worst affected by the COVID-19 pandemic, with some forced to go on leave, take unpaid leave or pay cut, and there are those who were laid off.
Sun May 31 2020
MCO: Impose emergency employment regulations to protect workers - MTUC

MCO: Impose emergency employment regulations to protect workers - MTUC

MTUC secretary-general J. Solomon said the government should come up with a comprehensive plan to protect workers from being retrenched or have their pay cut by irresponsible employers.
Thu Apr 30 2020
398 employers in Johor seek to lay off, cut workers' wages during MCO

398 employers in Johor seek to lay off, cut workers' wages during MCO

1,443 workers had been laid off, while another 180 had voluntarily quit their employment, 2,864 were temporarily laid off and 11,110 workers accepted pay cuts.
Thu Apr 30 2020
COP29 climate summit draft proposes rich countries pay $250 billion per year

COP29 climate summit draft proposes rich countries pay $250 billion per year

The draft finance deal criticised by both developed and developing nations.
Fri Nov 22 2024
Bomb squad sent to London's Gatwick Airport after terminal evacuation

Bomb squad sent to London's Gatwick Airport after terminal evacuation

This was following the discovery of a suspected prohibited item in luggage.
Fri Nov 22 2024
Kelantan urges caution amidst northeast monsoon rains

Kelantan urges caution amidst northeast monsoon rains

Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Fri Nov 22 2024
Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
Fri Nov 22 2024
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
Fri Nov 22 2024
KTMB provides two additional ETS trains for Christmas, school holidays

KTMB provides two additional ETS trains for Christmas, school holidays

KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
Fri Nov 22 2024
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Fri Nov 22 2024
Findings by dark energy researchers back Einstein's conception of gravity

Findings by dark energy researchers back Einstein's conception of gravity

The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
Fri Nov 22 2024
NRES responds to Rimbawatch press release on COP29

NRES responds to Rimbawatch press release on COP29

The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Fri Nov 22 2024
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Fri Nov 22 2024