Will it work?

Pay cuts of up to 68% for bosses of state owned companies. For example Henri Proglio Chief Executive of EDF earns a reported 1.55 million euros, 64 times more than his lowest paid employee. His salary is set to plunge to 496.000 euros.Prime Minister Ayrault is sure they will understand that they must lead by example. In all 36 businesses which are part or wholly state owned will be affected.