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.

It’s time we end all 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

Leprecunt.