A pay cut makes a lot of sense. Without it you're less competitive. I currently work for a decent size US company from Ballynowhere in the middle of Ireland and

A pay cut makes a lot of sense. Without it you're less competitive. I currently work for a decent size US company from Ballynowhere in the middle of Ireland and I'm a lot more competitive in part because my cost of living is roughly €0. Meanwhile someone in SF needs $150k just to keep the lights on.