Cosmetics giant Kanebo has announced that ten of its executives will be taking voluntary pay cuts of between 10%-50% for the next six months in order to show remorse for the Rhododenol scandal. The cornpany had to recall over 50 products containing the skin-brightening compound, which had been developed in-houseand left some users with white blothes on their skin. Company Chairman Hajime Miyauchi and the company's president, Masumi Natsusaka, will both take the biggest pay cuts at 50%. The director in charge of R&D at the firm will lose 40%, while the seven remaining executives will face cuts of 10%-20%.
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