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Discussion on: How are you preparing for the recession?

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Matthew Daly

Today my employer put those who aren't needed for the next two months on furlough at 80% of their salary, and cut the hours of the rest to 80%, with a corresponding salary cut (80% is because that's the assistance the government is providing), in order to avoid making anyone redundant. I was one of those who will stay working.

Sadly they also had to rescind a job offer to a dev who was meant to be starting next month.

I'm pretty hopeful that whatever happens I should be OK. I work for a fairly large agency with a lot of clients who are household names, including high street banks, and it has the support of a large parent company. I've got eight and a half years experience, a fairly diverse skillset that includes both web and hybrid app dev, and have spent the last two years overhauling a painfully bad PHP legacy app into something remotely presentable. Even if the whole company went belly up, I should be able to find something.

That said, a financial situation like this is unprecedented, and it's deeply scary.