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by icebraining 2354 days ago
Nonsense, there have been multiple cases in the west, e.g. John Chambers at Cisco, Michael Kneeland at United Rentals, Dan Price at Gravity Payments, Nicholas Woodman at GoPro.
1 comments

Maybe it's like when a store has 20% off sale a couple weeks after they raised their prices 10%. Yeah, it's still a sale, it's just not as big of a price cut as you're making it out to be.

Raise your salary, sock some money away, then take a big public paycut now that your house is paid off.

Ok. So right now, as they are letting 70 people go, and obviously not doing so well, would be a good time to take a big public pay cut.