I have been receiving a verbally agreed upon salary of $74,000.00/year as General Manager of a car dealership for the past ten years. My boss pulled me into his office last week and told me he was cutting my pay by $24,000/year....no negotiating. I have built a house and had a family budgeted around the 74K figure and am appauled that it is legal for him to just recind on his word. I quit my job that day.
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