When a Stingy Raise Turns into a Corporate Funeral
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Summary
The company had been losing money for two consecutive years. That year, with our biggest client suddenly going out of business, we lost nearly ten million dollars in receivables.
On New Year's Eve, I sent out a company-wide apology email after much deliberation.
The email stated, "At this moment, I regret to inform that we can only increase each employee's monthly salary by 20 dollars this year."
An intern named Ingrid Little took a screenshot of the email and posted it online. In no time, her post started trending.
