The day has finally came..

I never thought that this day will come so soon, much sooner than what i expected. Pay cut of 10% for expert level and above or 5% for lower level employees. Since the no increment announcement, i was expecting that worst will come but i thought it could be happened in mid next year only. The bad new come sooner than i expected and it does surprised me. Of course i was sad and angry too. I think that the CEO is too much! Our company is still doing good and profitable, he shouldn't that this move now as one of the precaution. He can cut those temporary headcount first and continue with tight budget control and travel expenses cut, but he dint and he had choosen a move that will impact hundred thousand of peoples....Even though i am sad, but what can I do? :(