World Bank cost-cutting finance chief declines bonus
The World Bank`s finance chief said he would decline the remainder of his bonus in a move that appeared aimed at quelling discontent among staff who thought it out of line given planned layoffs and budget cuts.
Oct 08, 2014, 13:20 PM ISTWorld Bank bonuses raise eyebrows amid austerity drive
The World Bank has awarded bonuses to at least four senior officials as it pursues a cost-cutting restructuring, raising concerns among staff, several sources told AFP on Wednesday.
Oct 02, 2014, 09:20 AM IST