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You Searched For "salary cut" and got 20 results


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1 min read

Fisker founder cuts salary to $1 to cover bankruptcy costs

Fisker, once valued as much as $8 billion, filed for bankruptcy in June after efforts to find a buy…

Tom Carter   


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5 mins read

Leaked Microsoft salary data shows the pay gap between Microsoft AI and the rest of the company

It's understandable why Microsoft would shell out big for AI talent. But that doesn't make it an ea…

Dan DeFrancesco   


Business Insider Latest Story Image
4 mins read

I took a 50% pay cut to avoid paying for childcare. It was the right decision, but it's still difficult.

I work half as much as I used to so I can watch my daughter during the day. I'm happy to spend time…

Jen Glantz   


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5 mins read

A couple tested out life in Canada and Italy. They chose to move where salaries are lower but life is sweeter.

A millennial couple who tried North America and Europe decided to settle where jobs pay less but th…

Maria Noyen   


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4 mins read

A Gen Xer quit a $110,000 salary job in DC for one in Germany that pays less than half. He says he's more financially stable and happier now.

Kobi Smith moved to Germany after a career as an attorney in Washington, DC. He works at Popeyes an…

John Towfighi   


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4 mins read

A Gen Xer with a 6-figure salary and over $315,000 in debt can't afford a home: 'This country has failed us'

Shirin Tajani works two jobs, six days a week, but can't keep up with her student loan and credit c…

Ayelet Sheffey   


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6 mins read

I worked in Big Law for 4 years but felt like I was sacrificing my morals. I took a 75% pay cut but love my work now.

Priscilla Hamilton was a fourth-year associate at a Big Law firm when she decided to quit and work …

Jane Zhang   


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3 mins read

I saved $1,000 a month when I cut alcohol. The emotional and physical tax was just as expensive.

Katie Butler saves $1,000 a month from sobriety. She now has money to put in monthly savings, for t…

Tess Martinelli   


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3 mins read

Out of a job? Buckle up and stretch your money to sail through the tough phase

For those of us who earn a salary, a job loss can come as a big shock. There are expenses to be met…

Business Insider Latest Story Image
2 mins read

Retiring lawmakers are once again complaining that their $174,000 salary is too low

Rep. Ken Buck said voters would "go ballistic" if he'd said this before he retired but that it's "v…

Bryan Metzger   


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2 mins read

Republicans approved an amendment cutting Transportation Secretary Pete Buttigieg's salary to just $1

The transportation secretary has faced GOP criticism over airline cancellations and the East Palest…

Tom Porter   


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2 mins read

Florida GOP cut Christian Ziegler's salary to $1 and stripped him of his power after a rape allegation

Amid a police investigation into a rape allegation, Florida's GOP voted to censure Christian Ziegle…

Joshua Zitser   


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4 mins read

I want to be debt-free by the time I'm 30. Here's how I budget my $109,000 salary.

Libby Brooks was using the 50/30/20 rule for budgeting, but when she realized it wasn't helping her…

Charissa Cheong   


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4 mins read

Tech workers reported feeling increasingly dissatisfied with their salaries. Layoffs may be fueling the frustration.

Companies are "right-sizing staff and their salaries" and limiting larger pay increases, Dice's CEO…

Aaron Mok   


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2 mins read

BofA banker whose death shook Wall Street was looking for new job and willing to take a lower salary for better hours, recruiter says: report

A recruiter told Reuters he was in touch with Leo Lukenas III before his death and that the Bank of…

Kelsey Vlamis,Reed Alexander   


Business Insider Latest Story Image
2 mins read

DBS Bank says it deducted 27% salary of its CEO Gupta for tech glitches in 2023

The salary of DBS Bank's Indian origin chief executive Piyush Gupta was cut by a hefty 27 per cent …

PTI   


Business Insider Latest Story Image
3 mins read

I moved from New York to Taiwan for work. I had to take a pay cut to my $40,000 salary but I have no regrets.

Alex Teachey, 38, made the move to Taiwan after 17 years in New York. Despite the pay cut, he says …

Kai Xiang Teo   


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2 mins read

AI is coming for Wall Street: Banks are reportedly weighing cutting analyst hiring by two-thirds

"The easy idea is you just replace juniors with an AI tool," a Deutsche Bank chief strategy officer…

Jennifer Sor   


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1 min read

Wipro likely to cut hundreds of jobs to improve margins

Software major Wipro is likely to cut hundreds of mid-level jobs, as the company looks to improve i…

Business Insider Latest Story Image
3 mins read

I took a 75% pay cut to ditch law for tech. The switch paid off and got me to Google.

Zubin Pratap got his foot in the tech door after months of networking and research about the indust…

Shubhangi Goel