TOKYO - THE head of Japanese computer chip maker Elpida Memory will work for free in a symbolic gesture to help turn around the group's poor performance, the company said on Monday.
While Japanese executives often cut their own pay as punishment for a company's bad performance or wrongdoing, it is highly unusual for a corporate chief to work completely for free.
Elpida president Yukio Sakamoto will accept no salary in November and December and still slash his salary by at least half until the company starts making a profit, the firm said.
