I need some help. The company I am working for is going bankrupt. They said they will receive more money on June but cannot pay out full salaries on May.
They are asking us to accept half salaries, and some of us no salaries on May and possibly June – depending on when new investment comes.
They are having the talk with me tomorrow. I'm thinking of saying that if they reduce my salary in half, I will only work half the hours.
Some advice? What would you do in this situation and how would you negotiate with your employer?
I have applied for new jobs but no luck so far. I have an interview with a company next week and hoping for the best there.