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by crote 958 days ago
Cutting hours isn't going to be a viable option when you're also cutting their pay.

There are plenty of people who simply can't afford to stay at a company when their pay is being cut by 10% or more. They need pretty much all of their salary to pay bills. Taking such a pay cut is only an option for the higher incomes, where there is some jiggle room due to significant discretionary income.