I work for a small(ish) consulting firm and we've made some adjustments. I took a 5% paycut effect May 1st which was a bit of a bummer because I was just promoted (and received a 5% increase) on January 1st. We've suspended new hiring and are furloughing anyone that can't get onto a client project after 30 days. Still expecting to "return to normal" when this clears up, but the longer it takes the less likely that is to happen.
I was entertaining new opportunities before all of this and have spoken to a few recruiters throughout the last month and a half or so. Nothing is really going anywhere but I'm not getting flat-out rejections so I assume it's related to COVID, either by delaying interview processes or diverting funds.
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I work for a small(ish) consulting firm and we've made some adjustments. I took a 5% paycut effect May 1st which was a bit of a bummer because I was just promoted (and received a 5% increase) on January 1st. We've suspended new hiring and are furloughing anyone that can't get onto a client project after 30 days. Still expecting to "return to normal" when this clears up, but the longer it takes the less likely that is to happen.
I was entertaining new opportunities before all of this and have spoken to a few recruiters throughout the last month and a half or so. Nothing is really going anywhere but I'm not getting flat-out rejections so I assume it's related to COVID, either by delaying interview processes or diverting funds.