We came into work today with a notice that our salaries are being cut effective May 1. Thanks for the warning.
This 30% paycut translates into a $30,000 pay cut for me.
My employer said that they don't have plans for any layoffs this year, but they can't promise anything for 2021.
So, I'm wondering if people more experience with economic downturns would view this as a sign to get out now and find another job. Or, if it's wiser to deal with the 30% paycut, hope on January 1, 2021 pay goes back to normal?
Not sure how to view this.
Submitted May 01, 2020 at 09:30PM by unshrugged https://ift.tt/2VWmM03
