I guess most of us are affected by the Covid that spreads around the world. Belgium is hit much harder than most other wealthy countries. Probably because more dead are counted as Covid victims than what is done in for instance Germany.
My own situation is that I still have my job, BUT the newest announcement is that we don't get raises as normal in April and that we all have to accept 5-10 days off pr. quarter without pay. 5 days is a salary cut of around 7%. 10 days is around 15%. I like this strategy and is actually on one from the last time there was a crises in the company. I have 12 extra days off pr. year already since those who wanted was allowed to get the deal. Now I can add a minimum of 20 days extra pr. year. The great thing is that I will have more time to work on crypto projects. The not so good thing is that I need the money because of some additional (huge) expenses in my life that goes on for a while of some additional 2-3 years or more. Anyway the company strategy after two initial rounds of firing and sending home almost all people in production with full salary because of government funding is good. The rest that are back is needed when the wheels start turning again. Firing people and try to rehire them is a bad strategy for someone working in R&D. It takes time to learn and get up to speed. A year or more is not uncommon.
It would be interesting to hear from others how the virus affect their lives and income since it's clear from the numbers that we had an explosion of unemployment rate here in Denmark, but also in the rest of EU and USA.
Another question is how the world will look after the crises?
My own situation is that I still have my job, BUT the newest announcement is that we don't get raises as normal in April and that we all have to accept 5-10 days off pr. quarter without pay. 5 days is a salary cut of around 7%. 10 days is around 15%. I like this strategy and is actually on one from the last time there was a crises in the company. I have 12 extra days off pr. year already since those who wanted was allowed to get the deal. Now I can add a minimum of 20 days extra pr. year. The great thing is that I will have more time to work on crypto projects. The not so good thing is that I need the money because of some additional (huge) expenses in my life that goes on for a while of some additional 2-3 years or more. Anyway the company strategy after two initial rounds of firing and sending home almost all people in production with full salary because of government funding is good. The rest that are back is needed when the wheels start turning again. Firing people and try to rehire them is a bad strategy for someone working in R&D. It takes time to learn and get up to speed. A year or more is not uncommon.
It would be interesting to hear from others how the virus affect their lives and income since it's clear from the numbers that we had an explosion of unemployment rate here in Denmark, but also in the rest of EU and USA.
Another question is how the world will look after the crises?
Cardano is the most promising 3 gen. crypto right now.