Re:IBM To North American Employees: To Keep Your Job, Move T...
by time_management on Tuesday February 03, 2009 @03:19PM
(#464580)
I think it was Wozniak in Founders at Work who described the proper way to cut personnel costs, as Hewlett-Packard used to do. Everyone (including the CEO) took at 10% pay cut, and got alternate Fridays off.
If companies can legitimately do that, what keeps them from just throwing in the paycut to drive workers away without the potential hassle of relocating people?