Earlier, he agreed to reduce his $1.24 million salary to $300,000.
They were intended as a political response to the trend to reduce salaries.
In recent months, it has been cutting costs by reducing its work force, route system and salaries.
Continental has reduced staff and salaries to cut its losses.
The hurricane reduced wages and salaries by about $2 billion at an annual rate.
The cuts would reduce weekly salaries for Guild members by about 20 percent.
Likewise, it reduced salaries and caused a decline in income of the working class.
He declined to reduce his salary so the Seahawks released him.
Rabbi Chazan then offered to reduce his own salary as well.
The new contract preserved the orchestra's 53 full time positions but reduced salaries by about 27 percent.