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by justaguyhere
2237 days ago
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Yes, during normal times. But these are not normal times - like, who is hiring now? If I were a top performer, I'd take a salary cut if it means saving my colleague's job. I get what you are saying though. They are a business and I guess they're doing what is best for their business. The severance package is generous (relatively speaking), so there's at least that. Edit : I guess I didn't word this properly. I was saying they'd lose top performers if their salaries are cut, during normal times. |
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Facebook and Amazon, just to mention a couple of giants that would probably love if every company doing layoffs right now would instead halve their top performers' compensation.
This is not as relevant in the Airbnb case since the expected value of RSUs went down so much that this is effectively the case even with no salary cuts.