Larry Williams Drive

Australian airline Qantas has slashed former CEO Alan Joyce's exit package, following a stint of costly scandals and legal cases. The $21.4m payout Joyce was due to get after leaving the company last year will be cut by $9.26m, the company told investors. Australian correspondent Murray Olds says this follows a rough business period for the airline. LISTEN ABOVESee omnystudio.com/listener for privacy information.