#paycut

15%-30% pay cut in the form of variable pay - to maintain QoQ profit margins ?

No matter how well you were ranked this year, no merit raises for next year (effectively a pay cut if you factor in inflation). A whole year of trying to care to essentially be told I was d-mb for not doing the bare minimum. We all know that John May has said he's never going to pay someone to quit ever again, so how long before he decides to not pay us in a layoff?

Managers were just notified.

Remote employees will get in lower pay raise pool than on-site people. 0.5% to 1.0% lower.

Also it is confirmed that all remote employees will be moved to geography C on December 21st.

No mention of the actual pools or comp ranges overall.

Following up on the email from yesterday regarding the 401k and today's town hall, I need to address the ongoing issues we're facing. It’s unacceptable that we are constantly being pressured to violate labor laws by working through lunch. PTO has essentially been eliminated, and now we have to seek permission from Workforce just to take time off.

Additionally, being asked to handle two chats at the same pay after the recent pay cuts is beyond unreasonable. We deserve clarity on what management truly expects from us. Why is there a lack of communication regarding the reasons behind these changes? Are the whistleblower TikTok videos the cause of this? It’s time for transparency and respect for the workforce.

Well said, @2m0+1katwry9c.

Got an annual raise of 1.3% as a TDGUS employee. U.S. inflation is probably in the 2.5-3.0% range next year (~2.9% for 2025?) - so I'm effectively getting a pay cut. Why does the bank think this is OK to do? I like working here, love my work, and enjoy collaborating with my coworkers. Rated middle of the pack - I'm not expecting a crazy raise or anything - but at this rate I will have to start looking for another role inside or outside the bank just to keep up with the cost of living. It's just depressing that to see $hit like this...

Lower for longer isn't just about the price of oil. It is the future of your compensation! Salary bands shifted down. Be prepared for years of compensation not keeping up with inflation. Apparently we are all overpaid so no raises!

I have read about individuals reportimg GL reductions numerous times on this site. I thought that terms of reassignments won't be communicsted until Monday. Does someone have a crystal ball? I would like to buy one.

Walgreens hourly workers set to suffer pay loss: report - Newsweek https://www.newsweek.com/walgreens-cut-paid-holiday-hourly-workers-christmas-thanksgiving-11040090

I am at company less than 5 years. In engineering. I am in scope. I have been applying for jobs, an offer is in works. It’s 30% lower than what i am making right now. It’s not in Oil and Gas. Should i take it or ride it out?

SGL 15-18 have had their total comp reduced, although the company has done a good job at dressing it up as no big deal with their slide show. Basically, your vcip % goes down and your RSU % goes up and to help offset inbetween until those elevated RSUs vest there is a lump sum payment. However when you do the math the reduction in VCIP for the two lost years outweighs the laughably small lump sum payment, and the bigger the VCIP amount the bigger the loss. Further to that you lose some pension on your VCIP since that’s a smaller number now and SGL 17 and up loses their perq bonus. This was all announced the day after layoffs were completed. Congrats now you work for less, enjoy.

Is he really talking to us about how we manage our pay and cut backs we have to do at home? He did get a raise this year, when have we received a raise to support the cost of living increases?

I work as a support engineer in Business Intelligence and have already been affected by recent layoffs in my team. Currently, there is no growth in our team; it feels saturated.

I received a job offer from a midsize company for a position as a junior tech project manager. However, this position comes with a 20% pay cut and does not involve support work. I'm considering whether I should leave Oracle and take this opportunity, especially since I'm concerned about the possibility of more layoffs. Feedback?

Looking at 2026 Benefits enrollment, healthcare cost for Self+family went up by appx 15% whereas BPI will be 2-3%.
Already a paycut 😭

Well it’s about time they cut some wages up top! Should have gone deeper and just let some people go that aren’t doing their jobs or making any kind of difference! There are a few that need to go!

To all those hoping for a role post "Transformation" its now been communicated that you might get a pay cut to go along with your new role.

Do you like the new more expensive, less coverage employee health insurance we’re being offered??? Pay more for less! Additionally, our pay has been cut through scheduled hourly staffing reductions.
God Bless,
Marvin

I survived ER in August and was moved to a new position. This new team seems a mix of different grade levels (not confirmed, just my feeling).

Anyone heard of talk, or maybe think that, in the next months there could be another re-alignment of levels and pay reduction?

I personally wouldn’t put it past them, but at the same time I’d have hoped they at least figured out this new team I’m on since it’s net new.

I heard there will be an investigation into the placement decisions. Specifically, those who were demoted, received or pay cut or ISP'd. The investigation will be focused on them being replaced by others who were less qualified and/or based on favoritism. There is also the issue of those placed into "undefined" roles. When challenged, HR denied the existence of undefined roles. Why? Because they would need to admit there was favoritism and bias in the selection decisions. For example, one leader campaigned for a new role in a specific department all summer despite being unqualified. They were initially placed in an "undefined" role in that department and then displaced other more qualified people to secure their target role.

The investigation is supposed to be with lawyers - so it's important for everyone to speak up. It won't get ISPs their jobs back, but the pay out could be greater.

After CDW basically wiped out a department and lost years of expertise and experience, they are now re-hiring for those roles, but at near entry-level pay. That is the strategy--layoff experienced coworkers who have been dedicated to CDW for 10 years or more and bring in low-paid workers in order to ensure executive bonuses stay high.

This is so short-term in thinking, but many of the executives are nearing retirement age, so they are are at no financial risk for these decisions. They've been doing it for 3+ years and there have been no signs that approach is driving growth for the company.

It's a horrible strategy, but leadership doesn't seem to see the obvious.

I've seen a previous Gr 18 role posted as Gr 17, and previous Gr 17 role posted as Gr 16 this week. Ironically, the job descriptions appear to include more responsibilities.

July 1, 2025 Indeed company review for U.S. Bank by a Corporate Recruiter:

"New CEO is about profit not employees

moral and culture have tanked
recently DECREASED what we pay employees and anyone above will not get merit
WHO DECREASES WHAT THEY WILL START EMPLOYEES AT WHEN INFLATION IS AT ALL TIME HIGH??
there is no pay for skill, they say they pay for an opportunity which is not what the culture used to be
been here for years, used to love my job and now I HATE it and can't wait to get out

Ratings by topics
1.0 out of 5 stars for Work/Life Balance
1.0 out of 5 stars for Compensation/Benefits
1.0 out of 5 stars for Job Security/Advancement
1.0 out of 5 stars for Management
1.0 out of 5 stats for Culture"

With all the bad news lately, I feel like I have no moral at O. I'm an engineering support in fusion U.S., and I've been fortunate enough to receive a job offer from another company on Friday , even though it comes with a 20 percent pay cut. In the past, I would never have considered making such a move, but the job market is quite concerning, and I'm worried there will be more layoffs.

Should I jump ship while I still can and take this job. A few friends told me absolutely!!!

Looking at internal jobs and they are hiring for current roles at a grade lower with lower pay then what we are paid now for these roles. Are we being set up to be laid off or fired so they can replace us at lower pay? Are they gonna lay us off and make us apply for these roles to pay us less? Will any of us that make it through layoffs getting a bonus or raise?

lol Sam’s is lowering new overnight freight flow hires starting pay to $19 from 21. Current pay will be grandfathered. What a joke. Especially when your biggest competitor starting pay is $20 now for everyone

Looks like health care has pushed the company over the line.,So if true… 20% salary cuts at all levels will beat the open and margin targets even considering the
Free fall. Hold on and giddy up if you work at DT.

At Cisco employees have been getting paid well for working "on-call" hours for many decades. Many suppliment thier income with this pay and has always been a great part about working in the support organization. They let us know today that we have to slash the costs by 50%. This will be a reduction in people's pay by about 60-80%, and you are still on call for the same or more hours. I heard that this is to be in place of a layoff, but my guess is that this will be just be putting off a layoff for a little bit longer. Typical corporate cr-p, say that you won't layoff people and then layoff people. I understand that a business existis to make money, but to keep having layoffs when our profits are higher than they have been, it just stinks of greed.

Don’t say a word.. Davy’s gonna buy you a mockingbird.. and if that mockingbird doesn’t pay… you’ll get to keep your benefits and LP. ASK: does anyone know how many huckleberries got demoted and how their pay/ pay progress was impacted? Why is that not all over the media? Career earnings stunted in STL and TEMPE by major employer