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Company led by Idaho native avoids layoffs as revenue halved

By JOHN SOWELL - Associated Press

Austin Roos, a support team supervisor, works at his desk Wednesday, April 15, 2015, at Gravity Payments, a credit card payment processor based in Seattle. Gravity CEO Dan Price told his employees this week that he was cutting his roughly $1 million salary and using company profits so they would each earn a base salary of $70,000, to be phased in over three years. (AP Photo/Ted S. Warren)

Dan Price, CEO who cut his salary to give employees $70K pay, is doing it again

By Bailey Vogt - The Washington Times

W. SCOTT LAMB: Dan Price and the cost of collectivism

By W. Scott Lamb

Austin Roos, a support team supervisor, works at lower left, Wednesday, April 15, 2015, at Gravity Payments, a credit card payment processor based in Seattle. Gravity CEO Dan Price told his employees this week that he was cutting his roughly $1 million salary and using company profits so they would each earn a base salary of $70,000, to be phased in over three years. (AP Photo/Ted S. Warren) ** FILE **

Dan Price, Seattle CEO who set company minimum wage at $70K, now struggles to make ends meet

By Kellan Howell - The Washington Times

Cary Chin works Wednesday, April 15, 2015, at the front desk of Gravity Payments, a credit card payment processor based in Seattle. Gravity CEO Dan Price told his employees this week that he was cutting his roughly $1 million salary and using company profits so they would each earn a base salary of $70,000, to be phased in over three years. (AP Photo/Ted S. Warren)

Seattle CEO to cut his pay so every worker earns $70,000

By GENE JOHNSON - Associated Press