The stoicism among BlueScope workers set to lose their jobs is turning to anger as word spreads that the company's executives will pay themselves $3 million in bonuses while sacking 1400 people and making a billion-dollar loss.The consequences of BlueScope's decision to halve steel production became clearer around the Illawarra yesterday, with predictions that 100 local companies will be seriously affected.Workers and unions greeted Monday's announcement of 1100 job losses at Port Kembla as inevitable, but by yesterday afternoon the mood had changed to outrage as it was revealed chief executive Paul O'Malley would receive a $720,000 bonus on top of his $1.7 million salary.BlueScope Australia New Zealand boss Mark Vassella will receive a $269,000 bonus on top of his $763,000 salary, while the man he replaced, Noel Cornish, will get $255,000 on top of his $770,000 salary.For the 800 workers and 300 contractors at Port Kembla who will be out of work, news of the six-figure bonuses was a bitter blow.Australian Workers Union (AWU) acting branch secretary Wayne Phillips said it made him "sick" and workers were furious."I'm over the shock now and I'm getting bloody angry," he said."I find that extremely offensive ... that these people who are on millions of dollars anyway, can ... sack 1000 people, then reward themselves."My members, quite rightly so ... are saying 'we could use that money, we're the ones who are going to be unemployed'."On Monday, BlueScope announced an operating loss of $118 million and asset write-downs of around $900 million - resulting in a full-year total loss of $1.054 billion for the company.It announced 1000 jobs would go at Port Kembla and at Westernport in Victoria as BlueScope halved production to get out of the loss-making export business.A BlueScope spokesman said Mr O'Malley's fixed pay had increased by just 1.3 per cent over the previous year."Mr O'Malley did not receive any bonus as a result of BlueScope's financial results," he said. "BlueScope's recently released remuneration report clearly states the reasons for Mr O'Malley's bonus, specifically: the retention of cost reductions achieved in 2010, the strong contribution of BlueScope's Asian businesses, the establishment of BlueScope's global pre-engineered buildings business, and the pragmatic outcome of negotiations about the Federal Government's proposed carbon tax," he said.BlueScope executives' bonuses totalled $3.05 million. Mr O'Malley's bonus is smaller than that paid to major bank CEOs, but they have delivered large profits for their shareholders.Union leaders met BlueScope executives yesterday to talk about the redundancy process, but Mr Phillips said the meeting was a "waste of time" as BlueScope had no answers to questions over the details of the cuts.The AWU had made a claim for a redundancy deal of 14 weeks' pay plus $5000 cash up front, as a severance payment, and four weeks' pay for every year served.BlueScope confirmed it was offering 2? weeks' pay for each year of service, plus the 14 weeks' pay.The company will shut down its No 6 blast furnace, the No 4 cokemaking battery, the No 3 basic oxygen steelmaking vessel and the No 1 slab caster.The company spokesman said the details were still being worked out."It will only become clear how many jobs will be lost in respective areas once this consultation process is well advanced."