At first, this may seem like a strange question, but you’d be surprised by the responses you’d get if you ask it: would you leave your job during the crisis? Would you prefer to get laid off or would you take a pay cut to save your job? There are reasons why you’d opt for one situation over the other — the only answer I can give here is that it all depends. Based on your circumstances, you might decide to hang on or move on. Image from BioJobBlog Job Layoff or Pay Cut: Which Would You Take? Some companies have opted for shrinking paychecks instead of firing people

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Job Layoff vs Pay Cut: What’s Your Preference?