‘You Cut My Paycheck, Watch What Happens’ : Company Misses Yearly $925 Million Target, Corporate Furloughs Employees to Cut Expenses, Leading To Malicious Compliance
Companies are out here making millions in profits (but not enough millions) and still manage to screech like a toddler who is upset about the color of a lollipop. So, what to do when you're sitting up on your high horse in corporate, and your company is going to miss their annual target of nearly one billion dollars by exactly $75 mil? Who is gonna pay for your third beach house in the Maldives? Action must be taken to prevent the lack of said beach house!
One man shared his experience via Reddit, explaining that a few years ago, while the market was down, he was working for a very large (Fortune 100) company that was still making a lot of money because the industry they specialized in was generally profitable. After foreseeing this 'large gap' in revenue, corporate took it upon themselves to cut everyone's paycheck. They didn't take into account human nature, because this industry had a lot of very educated, talented, and dedicated scientists and engineers.
What I mean to say is, these people loved their jobs and worked a lot of overtime — just because. When their paychecks were cut, they adopted the natural attitude of 'If you don't care about me, I don't care about you'. The company ended up in shambles. If you're making a lot of money as a company and foresee a small snag, for heaven's sake don't get greedy… your employees should be your priority, not your imaginary beach house. Scroll down for a detailed account of what happened. For more malicious compliance at its finest, click here. This man got his company back after they refused to reimburse him for travel costs to work.
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