Greg Hywood, at the time of writing, is the CEO of Fairfax Media. How long he continues to maintain that position is unclear.
In March 2017, Hywood and the board of Fairfax decided he could have a $2.5m bonus. In April 2017 Hywood announced the axing of 125 positions at two of Australia's best newspapers, The Age and The Sydney Morning Herald, to ostensibly save $30m.
Hywood's bonus is equivalent to 16 full-time positions at Fairfax. There is a reason those memes about Late Capitalism keep popping up.