You Searched For "salary cut" and got 20 results
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7 mins read
Internal Tesla salary database shows Elon Musk's strategy: Lower salaries, bigger stock grants
An internal database with Tesla salaries shows lower base pay than competitors but significant stoc…
Grace Kay,Madison Hoff
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
1 min read
Volkswagen mulls closing factories in Germany for the first time and cutting thousands of jobs to reduce costs
Union boss tells workers that VW plans to shut three plants in Germany, as well as slash jobs and c…
Tom Carter
4 mins read
Prince Andrew's future is murkier than ever. But the royals may never fully cut ties.
Prince Andrew's 'Newsnight' interview, Jeffrey Epstein ties, and subsequent royal fallout are explo…
Mikhaila Friel
2 mins read
Jane Street, the trading firm where SBF started his career, offers interns a salary equivalent to as much as $250,000 a year
Jane Street is one of Wall Street's most lucrative trading firms, and it is luring in top talent wi…
Polly Thompson
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
5 mins read
A Gen Xer went from a six-figure salary to considering bankruptcy after 1,000 unsuccessful job applications — 'It's like playing the lottery'
Sean Tetpon, 55, has applied for over 1,000 jobs in the past year without success, despite making s…
Noah Sheidlower
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
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
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
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
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
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…
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
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
3 mins read
I moved 1,800 miles and took a 20% pay cut to live near my parents. It's a high-cost area, but they get to see our kids.
Family moved from Texas to Massachusetts, accepting a pay cut and higher living costs, in exchange …
Jane Ridley
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
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
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
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 …