During the 2008 crisis, EMC^2's CEO Joe Tucci announced a company-wide cut in salary instead of laying off people... I think that was a prudent decision. Keeps

During the 2008 crisis, EMC^2's CEO Joe Tucci announced a company-wide cut in salary instead of laying off people... I think that was a prudent decision. Keeps morale high, team culture intact and plans in place. They did change the ESPP rules (close price) but never restored the old ESPP (min of open and close) after they restored the pay :-P