Apple CEO Takes Pay Cut
Witnessing a corporation of Apple's size putting employees' livelihoods at the top of their priority list is a breath of fresh air we can all feel good about.
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Amidst a wave of layoffs from companies such as Google, Meta, Twitter, Ford, Carvana, etc., Apple has resisted getting swept up in the tide. Apple's CEO, Tim Cook, has opted to take a pay cut totaling $49 million for 2023. The cut is comprised of stock awards, incentives, and salary. They reached the decision at Cook's request in conjunction with a vote from Apple's compensation committee.