The A$21.4m ($14m; £11m) payout Mr Joyce was due to get after leaving the firm last year will be cut by A$9.26m, the company told investors.

The firm also says other current and former senior executives will see their short-term incentives cut by 33%.

And will that cut money will go to shareholders I assume…

Poor man

hope this is a trend. bs golden parachutes.

Oh no whatever will he do with only half the amount of millions how will he ever survive he’s just like the 1500+ people he sacked with no severance

I get that it’s a step in the right direction; treating this as anything less than the travesty it kinda demeans all the people he fucked

It’s time we end all golden parachutes.

Leprecunt.