alt Hacker NewsAt will has nothing to do with it.
Obviously there is no minimum number of hours you must work when salaried, but it’s obviously the expectation. You likely know this which is why you are against them tracking how much time you actually spend working. If they knew the work only took you 10 hours, would they still want to pay such an inflated salary?
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Maybe they wouldn't! But OTOH the profit margin on an iPhone is still like 50% and people buy them all the time. Salaries keep going up.
I negotiated my salary with competing offers. If my company decides, after negotiating from a position of strength with their eyes open, that my salary is too high... that's a "them" problem. Doubly so if I had been employed for eight years and they've never complained.
The courts will treat it like a firing done for no reason at all (i.e. at-will employment). I personally shudder to think of staffing a company with the kinds of people who would put up with this nonsense, but the beauty of capitalism is that companies face financial consequences for driving off good employees.
If it took 80 hours would they pay you more? Turnabout is fair play.