I was thinking "well better to do pay cuts than mass layoffs like all the other tech companies" but the article suggests that they also will be making layoffs. They'll end up with their best people wanting be laid off so they can get the payout and then go get a better paid job elsewhere. It's such a bad decision...
Musk is not fulfilling his buyout offers, lots of lawsuits will be coming soon.
As for “better paid job elsewhere”…there aren’t a lot of them and there is a lot of competition for them. Lots of surplus tech bros floating around.
I was thinking "well better to do pay cuts than mass layoffs like all the other tech companies" but the article suggests that they also will be making layoffs. They'll end up with their best people wanting be laid off so they can get the payout and then go get a better paid job elsewhere. It's such a bad decision...