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Generally at the director levels or below they don't....at higher levels they will if there is a significant change in role. Either way, not really relevant to 99% of the board lol. Back to Blake2.0 talk.

Speaking about regular employees who don't normally have contracts.

As do I, and it is 100% incorrect. I have personally seen it on many occasions. Generally you don’t reduce salaries, but it’s definitely happened.

That’s not correct lol