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> paycuts without cutting jobs seems to work better in Indian corporate culture as opposed to USA Most of the folks I know who've had jobs affected by this ha
by mgkimsal 6y ago
> paycuts without cutting jobs seems to work better in Indian corporate culture as opposed to USA
Most of the folks I know who've had jobs affected by this had a mix. Some people were laid off, some had hours cut, some had pay cut - sometimes at the same company (different workers affected differently). I don't think there's an across the board "one approach fits all" that companies have taken in the US.
- cosmiccatnap 6y agoI'm pretty sure a pay cut is in direct violation of contracts with the company. If the shoe were on the other foot and you owed the company I doubt it would go over so well. We need to ensure that these companies hold up their end of the deal even if they go under, nothing should be too big to fail