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You Searched For "salary cut due to coronavirus" and got 13 results


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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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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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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   


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3 mins read

There is a government directive against salary cuts in private companies — but can they be stopped?

The Indian government mandated that all commercial establishments must pay wages without deductions…

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5 mins read

Interest in government jobs is spiking due to their stability and cushy benefits

Government jobs have been trending on social media as employees seek stability amid mass layoffs an…

Ana Altchek   


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2 mins read

Tech workers are willing to give up on high salaries and take a pay cut amid mass layoffs, survey shows

It might be the end of a very lucrative era in tech. Mass layoffs appear to have spooked many worke…

Grace Kay   


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2 mins read

Elon Musk said Tesla is cutting up to 3.5% of its total workforce as it lays off 10% of salaried staff

Elon Musk had previously mentioned laying off 10% of staff, but clarified that figure relates to sa…

Isobel Asher Hamilton   


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2 mins read

Eat half of what you’re now eating, says Telangana CM who cuts government salaries and pensions

In a surprise move, the Telangana government slashed the salaries of civil servants — IAS (India…

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7 mins read

A $174,000 salary isn't enough for members of Congress. In fact, they should probably give themselves a $100,000 raise.

It's not a popular position, and lawmakers know it. But they haven't gotten a raise in almost 15 ye…

Bryan Metzger   


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1 min read

Chinese football clubs to cut salaries over coronavirus

The Chinese Football Association (CFA) said that following talks Thursday with clubs, those in the…

PTI   


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2 mins read

Layoffs hits the confidence of Indian workforce — people are scared of losing jobs and their savings

It seems like the whole world is working from home. But in spite of the lockdown only 55% of people…

Business Insider Latest Story Image
1 min read

Berger says no to job or salary cut during coronavirus crisis

"We are like one big but closely knit family andwould fight this battle together. These are challen…

PTI   


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3 mins read

One in four Indians in the working age is unemployed as corporate layoffs continue⁠— making crisis worse and delaying economic recovery

This comes in the backdrop of the ongoing job crisis due to the lockdown. Companies are aggres…