Why don't the CEO take a pay cut to help balance the budget
Big business doesn't work that way.
If each of those 100 workers made for example, $25K per year, laying them off equates to 2.5 Million if my math is correct. That's just salary, then add any benefits and let's not forget the added cost of workman's comp insurance and Polaris' share of Social Security.
I don't think if the CEO worked for free the amount "saved" would offset the bigger expenditure. JMO