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Re:Stripe Announces 14% Layoff by sharkster711 on Thursday November 03, 2022 @04:45PM (#33457246)
Reducing salaries opens a whole new can of worms with legal and immigration involved. Basically, if you hire someone on a visa, it is going to be a hassle to reduce their salaries - and the knock on effects could include restarting the immigration process. It might end up costing more than the dollars saved, and employees will likely leave anyway.

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