| Some good recommendations & thoughts here. It is a layoff by your terminology, because we're in that insane VC-money world ("poison pill" as I've seen it called on here!) where it's "go big or go home". So the plan is we win it all back, and we re-hire everyone (although who would ever re-join after a layoff I don't know, but that would be the plan), the alternative is complete shutting down. Re: exec staff pay cut. We can't lay people off to save ourselves, that's sociopathic. I can't do $0 though, I get paid 20% more than a senior engineer here, and I've not got capital investments. Re: reduced hours/pay (or furloughing as someone else called it) is a great idea. I used to dream of the 4-day work week, ideally under better conditions... Not enough money in the bank to do 6 months severance, but more than 2 is available along with all leave. We'll lose the office too, so can't do office-space :( Most of the others are doable I reckon! |