Salary cut is a smart move. while given a big pack while getting huge profits. while incurring losses they minimise the losses by controlling all costs. If company is healthy the pay pack will be good. Any company should do this. Unwanted managers should be thrown out. Many Managers just pass the time should be identified & pushed out of the organisation. In IT industry the mony paid basing on the job orders while the revenue comes down profitability comes down. Hence many offices should be selved down to save costs on rents & maintancance cost. Now every company will do the sensible things. Satyam & Other IT who got the real estate in the name of IT will sustain presently because of the valuation. Only on job works means they too have to come down on salaries.
