I have it through a reliable source that, at an all-hands on deck meeting around 5 p.m. today, Les Simpson announced across-the-board wage cuts.
As I understand it, Simpson said that employees who make less than $25,000 per year take a 5 percent cut; from $25,000 - $50,000 the cut is 7.5 percent and for those making more than $50,000 a year, the hit is 10 percent.
Of course, this is rumor.
March 19 - or not rumor:
http://www.amarillo.com/stories/031909/bus_biz5.shtml
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