Pay cuts for long term remote working ahead?
It may be for Stripe, Via Los Angeles Times
- Stripe INC plans to make a one-time payment of $20,000 to employees who opt to move out of San Francisco, New York or Seattle, but also cut their base salary by as much as 10% according to a person familiar with the matter.
Companies serve to cut costs by reducing the need for expensive office space. It looks like they may be looking to cut costs both ends by paying staff less.