Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: TimF who wrote (465396)	3/21/2009 6:41:28 PM
From: combjelly	Read Replies (2) of 1575844

"And the effect on creditors. If 10 pay cuts avoid one job cut, you'll probably get less defaults and bankruptcies with the 10 pay cuts." The problem, though, is everyone was precarious. Which is why demand fell so far, so fast when problems set in. Cutting everyone's pay would have just made the whole situation worse.

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