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A comment on Why “Copycat” Layoffs Won’t Help Tech Companies – Or Their Employees. Parent comment

Re:Why “Copycat” Layoffs Won’t Help Tech Companies – Or Thei... by JKCalhoun on Sunday January 22, 2023 @03:15PM (#34481753)
I believe simply a pay freeze would be equivalent to a 3% cut. That way people don't feel you are "taking away" salary they may have come to expect.

That in addition to a hiring freeze might get the company close to the mark in a year's time.

An annual pay freeze then can be re-evaluated again next year.

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Re:Why “Copycat” Layoffs Won’t Help Tech Companies – Or Thei... by smugma on Sunday January 22, 2023 @06:13PM (#34483379)
Agreed. Except this year it’s probably more like a 7% cut (inflation is still pretty high).
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