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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 98codes on Sunday January 22, 2023 @03:46PM (#34482053)
> except for senior management, which took a larger cut.

There's your trouble -- even if a company would go the "pay cut" route now, there is no chance in a million where the leadership at the top would ever agree to losing a single dime. If anything, it would be performative, with other payment options making up the difference.

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Re:Why “Copycat” Layoffs Won’t Help Tech Companies – Or Thei... by smugma on Sunday January 22, 2023 @06:11PM (#34483361)
Hyperbole. From a recent WaPo article:

Apple chief executive Tim Cook has voluntarily taken a 40 percent pay cut for 2023, an unusual move that comes “in response to shareholder feedback,” according to the company's annual proxy statement. The decision puts Cook's target compensation at $49 million, down from $84 million in 2022.

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