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When Japan Airlines slashed employee pay in 2009, CEO Haruka Nishimatsu cut his own salary to about $90,000, rode the city bus to work, ate in the staff cafeteria and removed his office walls so employees could walk in
Corporate leaders are often associated with executive perks like private offices, luxury cars, and multimillion-dollar salaries. However, during a global financial crisis in 2009, Japan Airlines (JAL) took a different approach under then-president and CEO Haruka Nishimatsu.
