EXISTING EMPLOYEES JUST GOT CHEATED FOR THEIR HARD WORK!!! THIS WAS EMAILED TO THEM!!
At DISH, we’ve all felt the impacts. We’re working hard to make the best decisions with the information available to us. Things continue to quickly change and we’re figuring out the best ways to position both our current and future businesses for success. In addition to the changes above, we’ve made several other difficult but necessary decisions.
First, we’ve made the tough choice to further reduce our team. Many of the team members who are leaving us were based at our corporate locations in Denver, were committed to our culture and our mission, and made important contributions. We will do our best to help them through this transition.
Second, our leadership team will take pay cuts of between 10 and 30 percent for the remainder of 2020. These reductions will apply to me, our chairman, our board of directors and all of your leaders at the director level and higher.
Third, we will cancel merit increases for 2020 at all levels of the business. There will be a few limited exceptions for those who have truly distinguished themselves in an extraordinary way—not just in their performance for 2019, but also more recently in leading or supporting our business during the COVID-19 crisis. Examples include some of our IHS team members who were engaged in field activity, and a few of our facilities team members who have done a tremendous job preparing for our return to sites.
These steps help to better protect our future and save additional jobs.
Bumped from @Nioi+14t67Mw6, in case somebody missed it.