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Tech CEO salary cuts aren’t always the sacrifice they seem

February 21, 2023 Robert Harrington

After announcing a 17% reduction of its workforce, Twilio said Chief Executive Officer Jeff Lawson’s base salary would be trimmed by about half to $65,535. The week before, Eric Yuan, the billionaire founder of Zoom, said he would reduce his salary and forgo a bonus after cutting 1,300 jobs at the video conferencing software provider. READ MORE

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