ST Alpha - "We have not laid off or furloughed or cut salaries at all, except that partner distributions are being held back." (Reading a Post)

SlickerTalk
Search Archives
The Leaderboard
The FAQ

Down to Post

Backboards:

Posts: 167

In response to "Poll: Has your place of work adopted/announced any financial measures that affect employees? Layoffs? Furloughs? Pay decreases?" by prayformojo

We have not laid off or furloughed or cut salaries at all, except that partner distributions are being held back.

Posted by pmb (aka pmb) May 27 '20, 09:28

We're actually still in a good cash position, but to be safe we're holding back partner distributions until we get a better handle on what this looks like over a bit of time.

Responses:

That's a commendable approach. -- nm - David May 27, 09:31 1
- Thanks. We're trying. I can't say we won't ever do anything depending on how all of this goes, but we're trying to make it a last option rather than - pmb May 27, 09:43

Post a message top

We have not laid off or furloughed or cut salaries at all, except that partner distributions are being held back.

Replies are disabled on threads older than 7 days.