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tommylala t1_j9kqd8w wrote

Reply to comment by [deleted] in [OC] Zoom CEO Eric Yuan will be taking a 98% pay cut and forego his bonus for FY2023 by giteam

Instead of laying off 10 people in the company who probably need the salary to support their family. I think it is a nice gesture. Can the ceo do more, probably yes but still a nice gesture overall.

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txa1265 t1_j9ksgb5 wrote

300k differential is likely to be 2 people AT MOST. It is one of those performative PR moves that is meaningless.

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tommylala t1_j9kswxu wrote

That is still 2 family... but wow, 300k is the norm? I need to find a new job.

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txa1265 t1_j9ktl2q wrote

No - $300k would assume salary, then healthcare, other benefits, company items and administrative costs and overhead ... x2.

Salary is generally half or less of overall employee acquisition costs

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