Victoria went on. “As a result, the bonus pool is being recalculated. Everyone’s payout will be reduced by 40%, effective immediately. Additionally, anyone whose bonus was below $500,000 will receive nothing this year. We will issue revised letters by 5:00 p.m.”
Marcus stood frozen. 40% reduction. His $2.1 million just became $1.26 million. Still a fortune. Still more than most people made in a decade. But in his world, it was a demotion. A signal. He’d been on track for managing director in two years. Now? He’d be lucky to keep his VP title if the firm started cutting heads. wall street paytime
Marcus stared at him. “Why are you telling me this?” Victoria went on