Or he could have asked the team if they preferred to take a pay cut. Oops. | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		phonon on Jan 10, 2021 \| parent \| context \| favorite \| on: CTO day 2: downsizing the team Or he could have asked the team if they preferred to take a pay cut. Oops.

WJW on Jan 10, 2021 [–]

What do you do when half the people don't?

phonon on Jan 10, 2021 | [–]

You tell people you'll only do it if at least 85% ok the pay cut.

WJW on Jan 10, 2021 | | [–]

Seems like an excuse for the high performers to start applying elsewhere. This company is clearly going nowhere, might as well trade it out for a nicer one.

Consider applying for YC's Winter 2026 batch! Applications are open till Nov 10
Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact