Congratulations, Here's a Pay Cut(businessinsider.com)
businessinsider.com
Congratulations, Here's a Pay Cut
https://www.businessinsider.com/employees-taking-pay-cuts-huge-numbers-2026-3
3 comments
That’s my situation. A 3 month job hunt ended with me taking a much lesser role with a 25% pay cut. It was literally that or continued unemployment. I’ve essentially lost 5 years of salary increases and 7 years of career development. Companies are probably happy about this current situation. They can hire more experienced staff for less, and not worry about them finding a higher paying job later on.
Sorry man that sucks. It's the polar opposite of the COVID hiring boom
I feel like the right time to start a get a venture off the ground was in the 2010s
I feel like the right time to start a get a venture off the ground was in the 2010s
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