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Fortune

Paige McGlauflin, Joseph Abrams

Offering pay cuts to stave off layoffs is easier said than done for employers

Stock illustration of a hand cutting a stack of dollar bills with a knife (Credit: sorbetto—Getty Images)

Good morning!

Offering employees pay cuts in lieu of layoffs seems like a win-win situation for organizations and their workers. Or at least it looks good on the surface.

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Severe injuries, mass arrests put France’s police response under fire

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Top stories on inkl right now

Hurricane Isaias forecast to bring dangerous storm surge, with millions under warnings in US

Hurricane Isaias forecast to bring dangerous storm surge, with millions under warnings in US

Residents in areas from the mouth of the Mississippi River to Florida urged to ‘evacuate if told to do so’

The Guardian - US

Former Labour MP cleared over role in fraudulent Covid-19 testing company

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The Guardian - UK

Trump doubles down and asks if supporters want a ‘horror show’ from Iran: ‘Let them hit a missile into San Diego’

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Trump’s initial comments about Iran destroying US cities sparked backlash, though the White House said that he was speaking about the threat a nuclear-armed Iran could pose

The Independent UK

Trump Doubles Down on 'Let Them Hit Los Angeles' Remark, Warns US Would Be in 'Free Fall' After Iran War

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Donald Trump has repeated remarks appearing to suggest Iran could attack Los Angeles and San Diego, drawing renewed condemnation from California officials and members of both parties.

International Business Times UK

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Severe injuries, mass arrests put France’s police response under fire

Severe injuries, mass arrests put France’s police response under fire

France’s crackdown on high school protests is coming under growing scrutiny after several teenagers suffered severe, potentially life-changing injuries during clashes with police.

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Wife of ex-Venezuelan President Nicolás Maduro seeks release from US jail

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