[aldarisbm]

It doesnt seem like they are struggling to pay staff, at least in context of what he said.

What would be your alternative. I'm guessing they are taking measures to not lay off more than 10% of people. Is there a win/win scenario here?

I'm more curious than anything to be honest.

[OJFord]

You think they're cutting pay because despite having no problem affording it, they're.. what, concerned they're offering above market rate?

I'm not claiming to have a good alternative for a company in trouble, I'm just saying if my employer is the company showing signs of trouble like that I'm going to start looking around.