I wonder what Meltzer qualifies as a "big cut" though. Like if she's going from $80k to $60k, that's a lot of money, but I don't know that I would qualify it how he did.
25% is a pretty big pay cut, no matter what profession you're in. Especially when you're established as being at the top of your profession. Granted I'm sure the cut is offset by health insurance and prearranged living arrangements.