Re:Stripe Layoff 14% of Workforce
by hinkley on Thursday November 03, 2022 @12:05PM
(#33453143)
My ex worked in a tiny office, the company got into trouble and her boss was asked to cut $###K from payroll. He had to cut at least one person that they really needed. It was bad.
In theory he had to cut her too, because he was something like $30K short of the goal and her salary as an office admin would have more than covered that. But then he’d have to do her job. His solution was to cut his own salary enough to hit the target to the decimal point.
They landed a new contract a handful of months later and were eventually able to hire back one of the people they lost.
I think he may have even backdated some raises they missed out on. He was her best boss.
In theory he had to cut her too, because he was something like $30K short of the goal and her salary as an office admin would have more than covered that. But then he’d have to do her job. His solution was to cut his own salary enough to hit the target to the decimal point.
They landed a new contract a handful of months later and were eventually able to hire back one of the people they lost.
I think he may have even backdated some raises they missed out on. He was her best boss.