wage cuts

  • September 26, 2012  

    With nearly 70,000 people marching toward the parliament in Athens, Greece saw its largest protests since May 2011. Greeks were angered by cuts in wages, pensions and welfare that the debt-ridden country enacted to meet budget targets. Independent Television News’ James Mates reports. Continue reading

  • February 25, 2010  

    Greece’s financial woes are causing problems on its own shores, as public workers protested government cuts Wendesday. But the debt crisis is making waves abroad as well. Jeffrey Brown talks to Roben Farzhad with Bloomberg Business Week for more. Continue reading

  • April 3, 2009   BY  

    The U.S. economy has lost millions of jobs over the past year. And in order to avoid further layoffs, many organizations are asking employees to make painful sacrifices – wage cuts, fewer benefits, and unpaid leave. We’ll explore this in … Continue reading

  • December 12, 2008   BY  

    The White House said Friday it was considering tapping the $700 billion financial industry bailout fund to prevent the collapse of the ailing U.S. auto giants after the Senate failed to reach a compromise on a rescue package for Detroit’s Big Three. Continue reading