https://www.entrepreneur.com/business-news/nissan-ceo-cuts-salary-in-half-company-laying-off-9000/482541?fbclid=IwY2xjawGeaaFleHRuA2FlbQIxMQABHdwMWNkUN93fRcWwnPelD1lV4EZBNSzmHIEyL7ZJfcKZXGX3H5RpqC8YPg_aem_Hf8MOrOM513fSLkUlkreFA
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MD & JC will give themselves additional bonuses due to all the money they are saving via layoffs
A salary cut is no big deal when most executive compensation is in variable bonus and RSUs. If you look at the covid era 10Ks of many companies whose CEOs gave up their salary, their total comp wasn't any lower