[samfisher83]

Given software salaries are pretty high why not cut 10% of comp?

Unless they just wanted to fire them and just using this time as an excuse.

[advisedwang]

Cutting comp means you will lose your best talent. Cutting staff means you can cut your worst.

[WolfOliver]

what does "Cutting comp" means?

[adam_arthur]

Worse for morale of remaining members. Also a lot of comp is pledged and unvested equity, which is harder to take away.

Comp cuts will come on the rehiring

[sagarm]

Total comp already is down 10%+ for many with large equity grants in tech.

[sgerenser]

I’m sure these companies doing layoffs will be dialing back any bonus, RSU, and option grants in the coming months as well.