Yikes, that's a huge cut. Hopefully this is part of defaulting alive and they won't have to make another cut like that. Layoffs are painful for everyone involved.
I've been laid off twice, and it's always painful, hurtful and damaging to my mental health. Take care of yourself the best you can, there is a fair amount of research now that says layoffs can have lingering mental health affects for years to come. [1]
Some resources that might be helpful: flexjobs.com is a good curated job board for remote work. teamblind.com is a professional social networking site for engineers, it's generally super toxic, but the community comes together for layoffs and a lot of people will offer referrals.
I've been laid off twice, and it's always painful, hurtful and damaging to my mental health. Take care of yourself the best you can, there is a fair amount of research now that says layoffs can have lingering mental health affects for years to come. [1]
Some resources that might be helpful: flexjobs.com is a good curated job board for remote work. teamblind.com is a professional social networking site for engineers, it's generally super toxic, but the community comes together for layoffs and a lot of people will offer referrals.
[1]: https://www.wbur.org/news/2013/06/14/recession-layoff-scars