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Reply to "Severance vs Demotion: pls advise "
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[quote=Anonymous]Take the pay cut, ask to keep current title (or switch title to something more neutral/lateral). Titles are free, but money is what counts for management. It's clear to me that your managers have been told to trim costs. "Demoting" you helps in that effort. In the meantime, aggressively look for a new job over the next 3-6 months. Put in less effort at work. When push comes to shove, they will lay you off. Eventually. But they are not in place financially where they need to lay you off. Hence the pay cut. [/quote]
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