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Company is reducing salary of all non-senior staff by $20,000/yr

Title. Union is already organizing. It's insane, our company is large and gets hundreds if not thousands of new graduates in Engineering, the new ones will be making 3/4ths of what the ones from last year will be making. This also includes current junior staff. I said this was stupid, we'll drive the talent away… then I found out it's happening elsewhere too in the industry. What's going on??


Title.

Union is already organizing. It's insane, our company is large and gets hundreds if not thousands of new graduates in Engineering, the new ones will be making 3/4ths of what the ones from last year will be making. This also includes current junior staff.

I said this was stupid, we'll drive the talent away… then I found out it's happening elsewhere too in the industry.

What's going on??

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