Reduced profits and declining share prices hit many tech workers last year where it hurts—in their wallets.
Median pay for employees declined in 2022 at at least 18 well-known tech companies, according to an analysis of securities filings by The Information. At two companies—Snap and Cloudflare—median pay declined more than 30%.
Pay Falls for Many Tech Workers as the Downturn Hits Home - The Information
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