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Kurt Schlosser / GeekWire

Gravity Payments CEO Dan Price says employees volunteered temporary pay cuts after revenue dropped ~55%, avoiding layoffs

Gravity Payments CEO Dan Price asked employees for ideas after revenue fell about 50–55% during the COVID-19 crisis; employees volunteered temporary, individual pay cuts (some to zero) so the company could avoid layoffs and price increases.

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Your front door to Seattle's startup scene.

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