Get this: before announcing the salary trade-off option, they already gave negative feedback to people in positions they were looking to cut. Then they announce

Get this: before announcing the salary trade-off option, they already gave negative feedback to people in positions they were looking to cut. Then they announced the salary exchange option as an opt-in for the entire company, saying that if people trade at least 30% of salary across the board they wouldn't lay anyone off. You could opt to trade anywhere from 1% to your entire salary for 2x pre-Covid stock valuation. People who were concerned about getting laid off traded more as a result. Some of them were laid off anyways after working for reduced salary.