Pay Cuts Become a Tool for Some Companies to Avoid Layoffs May 24, 2020 +2 “Shared sacrifice” in the white-collar ranks aims to avoid the cost of staffing up again. With no end to the crisis in sight IFTTT it is a leap of faith. NYT NYT > Business NYTimes “Shared sacrifice” in the white-collar ranks aims to avoid the cost of staffing up again. With no end to the crisis in sight IFTTT it is a leap of faith. NYT NYT > Business NYTimes