Some large hedge funds that profited off the recent market volatility are wooing traders with tens of millions of dollars in guaranteed payouts.
Category: Executive Compensation
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Zoom to Lay Off 1,300 Workers, Joining Other Tech Giants
The company is cutting 15 percent of its work force, or about 1,300 jobs, citing “the uncertainty of the global economy.”
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Goldman Sachs Cuts C.E.O. David Solomon’s Pay After Bank’s Poor Performance
David M. Solomon earned $25 million in 2022, still a hefty sum but 30 percent lower than a year earlier.
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Why Is It So Hard to Talk About Money, Especially at Work?
The merits of talking candidly about salary are widely acknowledged. Actually doing it is more complicated.
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For Many Wall Street Bankers, This Year’s Bonus Season Is a Bust
There were fewer mergers and public listings this year, shrinking investment banking revenue. For bankers, that means a smaller pot of money for bonuses.
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Elon Musk’s Twitter Role Puts Tesla Board Under New Scrutiny
Corporate governance experts say the electric-car maker’s directors may need to rein in the chief executive, with whom many have personal ties.
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Elon Musk Testifies He Had Little Say in His Tesla Pay
The billionaire chief executive is testifying about a multibillion dollar compensation package the electric car company’s board put in place in 2018.
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Elon Musk Heads to Court to Defend His Billions in Tesla Pay
A shareholder is asking the court to void a 2018 compensation package that has paid the chief executive nearly $50 billion.
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GOP Lawmakers Question Amtrak Over Six-Figure Bonuses
Two Republicans on the House Transportation Committee asked the rail service to explain how it awards bonuses after top executives received payouts of more than $200,000 each last year.