April 15 (Reuters) - Tamawood Ltd TWD.AX :
* CHAIRMAN TAKING A 15% REDUCTION IN DIRECTORS FEES FOR NEXT SIX MONTHS
* MANAGING DIRECTOR, TIM BARTHOLOMAEUS WILL FORGO BONUSES UP TO $70,000 FOR FY21 AND HIS BASE WAGE WILL REMAIN UNCHANGED FOR FY21
* REDUCTIONS IN STAFF HOURS ACROSS ALL DEPARTMENTS HAS COMMENCED
* COMPANY SECRETARY, GEOFF ACTON, WILL TAKE A 15% REDUCTION IN FEES FOR NEXT SIX MONTHS