Originally Posted by TomBascom
I've taken bigger cuts for more hare-brained schemes from people with less of a clue. I'll admit to being less than thrilled about it. But there's a world of difference between a 50% cut and a 100% cut.
True. But if you are convinced that 100% cut is coming anyway (and make no mistake, most of the US folks are)
and work in a seniority based (as opposed to merit based) compensation environment, this line of thought becomes a bit easier to understand (if not agree with or follow).