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Apple reduces raises given to retail employees after weak iPhone quarter
(appleinsider.com)
This is a most excellent place for technology news and articles.
This is my understanding from reading tech social media. Tim Cook also took a 40% pay cut earlier this year. But, people on here would rather be mad about something.
He's running quite literally one of the biggest companies in the world. People who are able to do that deserve top dollar. 1447 times is really not that crazy given his relative economic impact