Originally Posted by
hockeypilot44
Why would anyone agree to a 50 percent paycut? Why agree to any paycut? A contract's a contract. If the company files for banruptcy, fight with the judge from a higher starting point. Have you not learned anything? There is no pension to protect anymore. Talk about stupid. The company's going to do what it needs to do. It is what it is.
Its eye watering isnt it? Never underestimate stupidity/fear. Mngmnt usually sells it on an emotional level and its uncanny how people fall for it over and over and......