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Posts tagged "Salary reductions"

Executive salaries at Atheros restored after strong earnings report

atheros-logoSalaries of the executive officers at Atheros Communications, which were reduced Feb. 1 in a cost saving measure, were restored Monday by the board's compensation committee. Chief Executive Craig Read More →

After six months on the job, Electroglas CEO calls it quits

electroglas_logoElectroglas, the beleaguered supplier of wafer testing systems to chip manufacturers, said Friday that Warren Kocmond, the chief executive it named on Feb. 9, announced  on Monday that he Read More →

Cadence to layoff 225 employees in 2009

cadence-logo1Cadence Design Systems, the San Jose supplier of electronic design automation software, will  eliminate the equivalent of about 225 full-time employees between now and the end of the year. Read More →

When is a pay reduction more like a raise? Ask Novellus CEO.

novellus-logoNovellus Systems said Wednesday that Chief Executive Richard Hill will begin getting paid a base salary equal to 90 percent of his reported 2008 base salary, which was $878,000, Read More →

Network Equipment issues restricted shares in lieu of salary cuts

network-equip-logoNetwork Equipment Technologies reported issuing a block of shares of restricted stock on Monday to its employees, including its executive officers, "intended primarily to approximately offset temporary salary reductions" Read More →

Xilinx cutting 200 jobs, or 6 percent of work force; executives taking pay cuts

xilinx-logo_bgXilinx, the San Jose maker of programmable chips, said Wednesday it expects to cut 200 jobs, or about six percent of its total workforce. The move is expected to Read More →
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