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Plan Z!
From the blog:
"Mark's cut back his pay 40 percent to reduce our payroll, but he seems to have cut his hours back about 10 percent. Spencer raised his hand to cut back as much, too. Robert and Jenny are down to 40 percent, too (related to not enough boxes to ship out). I've cut my pay significantly but am working the same hours. Isn't that how it's supposed to be?"
No, no it isn't supposed to be this way. And a 40% pay cut is huge, they can'tbe making that much. I feel for the workers there. That's going to wear thin fast on them and their families.
And an eight grand buffer in an enterprise that size means they're one hiccup away from closing.
He's going over scenarios about the end of the business and all plans look bad except the "angel" buyer. Good luck with that.
And after this and the last entry I'd be surprised if anyone dealing with them didn't require cash first.
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