'You Cut My Paycheck, Watch What Happens'

[peppertree]

Company misses yearly $925 million target, corporate furloughs employees to cut expenses, leading to malicious compliance.

Companies are out here making millions in profits (but not enough millions) and still manage to screech like a toddler who is upset about the color of a lollipop.

So, what to do when you're sitting up on your high horse in corporate, and your company is going to miss their annual target of nearly one billion dollars by exactly $75 mil? Who is gonna pay for your third beach house in the Maldives? Action must be taken!

One man shared his experience via Reddit, working for a Fortune 100 oil and gas tech company that took it upon themselves to cut everyone's paycheck by 10%.

They didn't take into account human nature, because this industry had a lot of very educated, talented, and dedicated scientists and engineers.

As ‘Mr. Incredible’ explained:

Everyone quit working unpaid overtime and only worked 36 hours to the minute. And any time something happened on a Friday, sorry, there's no one here to help.

Come September, summer hours end and everyone is leaving after lunch on Friday.

But it gets worse:

Older people decided retiring for 80% was better than working for 90% and retired - and because it was specialized they were very, very hard to replace.

Originally the program was supposed to save the company $17M; they lost way way more than that in lost productivity.

At: https://www.msn.com/en-us/money/smallbusiness/you-cut-my-paycheck-watch-what-happens-company-misses-yearly-925-million-target-corporate-furloughs-employees-to-cut-expenses-leading-to-malicious-compliance/ar-AA16SoDQ