Re: any companies laying off ?
We are just now cut to a 3 day work week, but only a 25% pay reduction. Not earning anything for on-call standby now either, though still get paid if called out. No merit increase this year at all. Better than unemployment but still a significant hit. Thankfully we no longer have a mortgage to pay or we would be in emergency mode. This is slated to run our first quarter to the end of June, evaluated on an ongoing basis.
The missus may not get any summer contracts at all, so that is another bridge to cross.
We are just now cut to a 3 day work week, but only a 25% pay reduction. Not earning anything for on-call standby now either, though still get paid if called out. No merit increase this year at all. Better than unemployment but still a significant hit. Thankfully we no longer have a mortgage to pay or we would be in emergency mode. This is slated to run our first quarter to the end of June, evaluated on an ongoing basis.
The missus may not get any summer contracts at all, so that is another bridge to cross.
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