this post was submitted on 12 Jan 2025
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[–] RBWells@lemmy.world 12 points 5 days ago (1 children)

Not to excuse the relentless flow of money upward, but the two times we had to do (temporary) pay cuts in my career, it was 10-15% for employees, paid back eventually, and 35-50% for executives, not repaid. At two different companies. So I do know at least sometimes it's done that way.

[–] RememberTheApollo_@lemmy.world 19 points 5 days ago (1 children)

The execs were never in danger of missing any necessities.