Wednesday, January 28, 2009

Yahoo freezes salary

Yahoo's new CEO imposes salary freeze (AP)

Pay freezes are becoming more commonplace across the country as companies scramble to lower their expenses without firing employees. President Barack Obama joined in the trend on his first full day in the White House by eliminating raises for workers making more than $100,000 annually.

http://tech.yahoo.com/news/ap/20090122/ap_on_hi_te/yahoo_salary_freeze

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