Pillsbury cuts first year salaries as technology downturn impacts
San Francisco-based Pillsbury Winthrop has sliced $10,000 (£7,000) off its salary for first year associates The move comes as Bay Area firms fight the technology slowdown through a variety of cost-cutting initiatives.This year, the firm’s new associates will receive an annual salary of $125,000 (£87,500), down from $135,000 (£94,500). Pillsbury’s stance on remuneration mirrors similar […]