Despite reporting record profits and revenues, Volkswagen announced February 27 that it will be paying bonuses of 7,200 euros ($9,400) which is a 4% decrease from last year. Additionally, the CEO, Martin Winterkorn was paid a measly 14.5 million euros down from 17.5 million last year (what a tragedy–how will he eat?). The company says that it is cutting bonuses for factory workers and executives in order to prepare for stiffer competition this year. It can also be speculated that VW is trying to appease the general public after the outcry they received for giving out excessive bonuses last year.
Hopefully cutting salaries will lead to larger profits this year, but only time will tell.
Shelby's Capstone 
“Cutting bonuses” makes it sound like an entitlement that workers/managers will now get less of.
For that reason, I prefer the concept of bonuses being given out on unpredictable schedules.
I’ve never thought of it that way, but that definitely does make more sense. It wouldn’t be as scandalous that way, either.