[WheelsAtLarge]

I've been where you are, at a failing company and not knowing what to do.

In my case the company failed, my options where worthless and I ended up moving to another company and that one failed with in a year and my severance pay was a company lunch. It all worked out. I got a new job and things are ok.

My advice, save as much money as you can and look for a new position. Don't be in a hurry to accept a new job without some research but don't wait. Try to make the new job a step up or something that gives you joy. Even if you have to take a small pay cut. Lateral moves won't cut it in IT. Eventually your age will show and tech companies don't want to hire old people unless they are in management or can guide the company into profit and growth. If you've been in tech for a while you've seen this. I don't have to prove it. It's all over the place. Look at your company which way does the average employee age skew? It's not toward the fifties.

Don't feel bad. Over the years I've learned a company is not a family. It's a TEAM and the company's needs comes first. You have to look at in similar terms so your needs come first.

Good Luck!