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Elon Musk laid off the Tesla Supercharger team; now he’s rehiring them
(arstechnica.com)
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this post was submitted on 13 May 2024
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Depends on their prospects.
For example right this moment, if my employer pulled this on me with a 10% pay cut, it's probably still better than my prospects in the open market at this moment. I would normally have a pretty strong network of connections, but at the moment they are all in hiring freezes, so I'd probably have to take a huge pay cut to find a job.
But you would be sure I'd be heavily watching my chances and leave as soon as I had a competitive offer on the table.