December 17, 2008
I was just about to publish a very short letter from a semiconductor engineer who lives in Texas. He said the plant just announced a temporary 10 percent pay cut. The engineer writes that the cut is across the board.
And then another listener sent this news, about a 10 percent pay cut at another plant, Agilent, in Santa Rosa, Calif.
We asked if you were seeing falling wages. Clearly, some people are.
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