I took this new job 6 months ago as a way of fighting off financial bumps in the economy.
I do super-high end residential architecture. Most of the clients I was working for previously (while at other jobs) were mega rich ($100mil+), but would still feel it when the economy bumped. And architecture is usually the first industry to feel the hit when the first ripples of recession appear...and the last to come out of it.
This new job, it's pretty much all billionaires and untouchables.
But the projects I've been running since I started are both wrapping up, and I'll have nothing to do by the end of April or sooner if Cuomo's edict closes construction sites. I'm already not at a full 40 hours of real work per week.
I've asked for more work...starting a couple weeks ago, but have been shut out. Not a good sign at all. And horrible timing. I think they'll shuffle work to people who have been there longer and likely lay me off when my projects wrap.
I see another month of work at most, and then *poof* ...####ed
I voted 10...without any sense of hyperbole.
Time sheets due today.
No word at all from the staffing heads, but I assume they'll be reviewing everybody's hours with HR and make a plan based on the collective timesheets and our input about availability for what's next.
I was head-hunted right before this hit- the guy listed a number of good offices, including my own (he wasn't aware I made the switch last fall), but I wasn't interested. I reached back to him with updated resume and said I'm definitely interested now. Maybe I'll get a new job at my existing office if they furlough me!
just got this email: "In order to protect as many jobs as possible, and we will not be able to protect all of our jobs, we are implementing a 20% pay cut across the board as of next pay period, April 16 (we're payed bi-monthly). We will make every effort to review this 'new normal' going forward. This is not something we ever wanted to do and we appreciate the burden this will impose on you. As you can see, this is being imposed across the board. Our hope is that May will bring a better outlook, but this crisis has had a dramatic impact on our industry and our clients and we must accept this reality and act to protect the future."
as a recent, senior hire- I'm ####ed. really, really, really hope not... but dammit.
and an seriously unfortunate complication from this- I had been an independent contractor for years prior to taking this job in September. I was on ACA for insurance- not great, but something I could afford for my family (it was well over 2k/month before the ACA) and worked ok for our needs. with the job, I took their good insurance coverage and stopped being an independent contractor.... losing the ACA insurance. if I get laid off, COBRA is going to clean me out