Why don’t many executives take pay cuts to avoid layoffs? An ex-Microsoft HR VP explains.

Image caption: Google CEO Sundar Pichai and Microsoft CEO Satya Nadella. Getty Images. Article by Chris Williams. Business Insider – February 1, 2024.

• Chris Williams was the VP of HR at Microsoft and is now an executive-level advisor and consultant.
• He says highly paid executives don’t take pay cuts because it wouldn’t make a big enough difference.
• Companies load up execs with stock because they don’t cost the business money out of pocket. […]

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