> The reality is the company is failing, can’t pay people what you don’t have. If the company is failing, then leadership should be cutting their losses and en

> The reality is the company is failing, can’t pay people what you don’t have. If the company is failing, then leadership should be cutting their losses and engaging in deep layoffs. Downsize production to adjust for lower demand, preserve working capital, focus on efficiency. Upsetting your employees is the worst of both worlds: your employees perform worse, and you don't save any money on compensation while that happens. So you make a deep cut, take the emotional hit, make it clear that it's the only cut you're going to make, and then ramp the company back up.