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And yet, it's still better than all the other big tech companies, that cut thousands of jobs and did not reduce executive pay in any way.

If cutting the CEO's compensation lets them keep even one regular employee who would otherwise have been laid off, then that's made the world a materially better place, if only for that employee and their family.

It's a PR stunt. Get shareholders and the public talking about 'oh poor CEO he lost a few of the many many millions he earns a year'

An expensive one and probably least successful as many haven't heard the news.

I can’t find a single instance of this being said about his pay cut in the media. If you could support this claim, it’d be appreciated.

Also, as an Apple shareholder, that’s definitely not my reaction to the pay cut.

Nor any material impact to his day to day life. Having half a zillion dollars in the bank ain’t much different from a full zillion.

So given your and the parent’s comment, the reduction of his pay has no meaningful impact other that image/publicity.

Correct