CBC president Hubert Lacroix announced that the broadcaster will put a freeze on executives salaries and cut their bonuses in half, the CBC reports.
The report reads:
“Lacroix said executives at CBC/Radio-Canada will see their salaries frozen at 2008 levels for the 2009-2010 year. Bonuses will be cut by 50 per cent, meaning that overall, the company’s 80 or so top managers will see their compensation reduced by 10 per cent to 20 per cent in the upcoming year.”
Lacroix made the announcement after the corp’s board approved a budget and provided expected shortfall numbers.
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