In an effort to reduce costs across the board, a new technology firm seeks to hire recent graduates with little experience. It plans to pay these new hires above its competitors, but only 50% of the salary of its current employees, all of whom are over 50 years of age. Should the company terminate those older workers and hire the new, less-expensive recent graduates? What if one or more of the current (older) employees is willing to accept a 50% pay cut to keep their jobs? Is the company permitted to make the pay cut a condition of remaining on the job for the current (older) employees?