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Qualcomm CEO leads the way in taking salary reduction
TT Bureau |  |  14 Mar 2009

Newly appointed Qualcomm Chairman, Paul Jacobs announced taking a 25 percent salary cut for the fiscal year 2009 in an effort to show solidarity with the rest of his employees.


Qualcomm President, Steve Altman is also set to take such a salary reduction.


Qualcomm follows Motorola which too witnessed its top notch executives taking significant salary cuts to set an example among subordinates.

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14 Mar 2009(IST)  
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