What are the lockdown *factual* impacts on your job?

Question

There is a lot of buzz around the current and future impacts of the lockdown on the economy. Everything looks mostly macro-level guess play. How has the lockdown impacted your own company business, and how has it impacted your own job?

em10fan · Accepted Answer

Engineering got 5-20% pay cuts, (50-100% at VP level and above), all perks cut, all the contractors got laid off, as did anyone low-skilled in Ops who has been there less than 2 years.
We are the UK arm of a US fintech.
The market is in trouble.

What are the lockdown *factual* impacts on your job?

There is a lot of buzz around the current and future impacts of the lockdown on the economy. Everything looks mostly macro-level guess play. How has the lockdown impacted your own company business, and how has it impacted your own job?

Engineering got 5-20% pay cuts, (50-100% at VP level and above), all perks cut, all the contractors got laid off, as did anyone low-skilled in Ops who has been there less than 2 years.We are the UK arm of a US fintech.The market is in trouble.

What are the lockdown factual impacts on your job?

Engineering got 5-20% pay cuts, (50-100% at VP level and above), all perks cut, all the contractors got laid off, as did anyone low-skilled in Ops who has been there less than 2 years.
We are the UK arm of a US fintech.
The market is in trouble.