we are not getting a cut in our monthly salary, however about 2/3 of my salary is based on company performance and is a lump sum at the end of the year. we have been advised that we will not be getting that this year.
i am impacted much less as i don’t have a family ....but many of my coworkers rely on the year end lump sum to pay for school costs etc. happy to still be employed but i know there are a lot of folks trying to figure out what they are going to do at the end of the year.