7.5% down, 100% to go
I was told last week that our company would cut salaries 7.5%.
That doesn’t bother me so much, it really doesn’t. I don’t change my standard of living, I just don’t save that much per month.
What bothers me is the absolutely disregard for change. If my bosses had come to me and said ‘Hey we’re cutting your salary by a few percent, but check out these wild fucking changes we have in store to save the media industry. We all have to suffer for a while, but we have out shit together and will eventually figure this out,’ I would have been pissed, but would have accepted, proud that I had a new direction and clear path to success.
Instead, they cut my pay to put the books back in the black. No change, no plans, no hope. Just cuts, death by a thousand slices.
I remember a day very clearly – it was June, 2006 – the Chairman and CEO of our company said that businesses can’t cut their way to prosperity. It’s what we’re doing now, and even if my particular branch of the industry is doing better than others, we’re merely perched on the crow’s nest of a sinking ship – we’ll get there eventually.