It doesn't materially affect your point, but '1 [percentage point] lower revenue growth' means slightly-less-than-1% lower (as in lowered by slightly less than 1%) total revenue.

1% lowered revenue growth (which I know isn't what you meant) would mean slightly-less-than-0.01% lower total revenue.

1% lowered EXPECTED revenue GROWTH, dude.

So someone calculated this wrong or had unrealistic expectations and the employees will pay for it.

…1% less than what they thought. Not 1% less than any actual revenue theyve had.